Safehold Reaches Analyst Target Price
October 05, 2020 at 08:44 AM EDT
In recent trading, shares of Safehold Inc (SAFE) have crossed above the average analyst 12-month target price of $63.80, changing hands for $64.93/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..