CyrusOne Reaches Analyst Target Price
April 24, 2020 at 09:22 AM EDT
In recent trading, shares of CyrusOne Inc (CONE) have crossed above the average analyst 12-month target price of $70.54, changing hands for $71.24/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..