Published on 30 Apr 2024 on Benzinga via Yahoo Finance
4 REITs With New Price Target Increases
Analysts' views carry a great deal of weight on Wall Street. When an analyst upgrades or maintains a previous rating while increasing the price target of a stock, investors can expect to see the share price rise.
Analysts will often review a particular subsector and then increase price targets on more than one stock within a certain sector. Other times when one analyst boosts a rating on a stock, other analysts will soon follow suit.