CBRE Group Reaches Analyst Target Price
February 05, 2020 at 08:10 AM EST
In recent trading, shares of CBRE Group Inc (CBRE) have crossed above the average analyst 12-month target price of $62.20, changing hands for $63.43/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..