Federal Realty Investment Trust Reaches Analyst Target Price
November 10, 2020 at 09:43 AM EST
In recent trading, shares of Federal Realty Investment Trust (FRT) have crossed above the average analyst 12-month target price of $89.42, changing hands for $91.61/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..
