Green Brick Partners Reaches Analyst Target Price
September 10, 2019 at 08:21 AM EDT
In recent trading, shares of Green Brick Partners Inc (GRBK) have crossed above the average analyst 12-month target price of $9.67, changing hands for $9.69/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..