RMR Crosses Above Average Analyst Target
December 04, 2020 at 08:03 AM EST
In recent trading, shares of RMR Group Inc (RMR) have crossed above the average analyst 12-month target price of $36.42, changing hands for $37.34/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..