WRI Crosses Above Average Analyst Target
January 07, 2021 at 10:44 AM EST
In recent trading, shares of Weingarten Realty Investors (WRI) have crossed above the average analyst 12-month target price of $21.89, changing hands for $21.93/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..