VER Crosses Above Average Analyst Target
October 15, 2021 at 09:56 AM EDT
In recent trading, shares of VEREIT Inc (VER) have crossed above the average analyst 12-month target price of $48.54, changing hands for $48.79/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..