OFC Crosses Above Average Analyst Target
July 02, 2018 at 09:54 AM EDT
In recent trading, shares of Corporate Office Properties Trust (OFC) have crossed above the average analyst 12-month target price of $28.89, changing hands for $28.99/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..