CTO Realty Growth Reaches Analyst Target Price
January 04, 2022 at 10:44 AM EST
In recent trading, shares of CTO Realty Growth Inc (CTO) have crossed above the average analyst 12-month target price of $61.67, changing hands for $63.00/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..