Catchmark Timber Trust Reaches Analyst Target Price
February 09, 2021 at 07:52 AM EST
In recent trading, shares of Catchmark Timber Trust Inc (CTT) have crossed above the average analyst 12-month target price of $10.83, changing hands for $10.85/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..