KRC Crosses Above Average Analyst Target
March 09, 2021 at 11:34 AM EST
In recent trading, shares of Kilroy Realty Corp (KRC) have crossed above the average analyst 12-month target price of $67.90, changing hands for $68.36/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..