CUBE Crosses Above Average Analyst Target
December 18, 2017 at 09:06 AM EST
In recent trading, shares of CubeSmart (CUBE) have crossed above the average analyst 12-month target price of $29.33, changing hands for $29.39/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..