Terreno Realty Reaches Analyst Target Price
August 01, 2016 at 07:56 AM EDT
In recent trading, shares of Terreno Realty Corp (TRNO) have crossed above the average analyst 12-month target price of $27.39, changing hands for $27.85/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..