ILPT Crosses Above Average Analyst Target
February 07, 2020 at 08:13 AM EST
In recent trading, shares of Industrial Logistics Properties Trust (ILPT) have crossed above the average analyst 12-month target price of $23.33, changing hands for $23.47/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..