TRTX Crosses Above Average Analyst Target
November 17, 2020 at 08:12 AM EST
In recent trading, shares of TPG RE Finance Trust Inc (TRTX) have crossed above the average analyst 12-month target price of $9.50, changing hands for $9.58/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..