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Piedmont Realty Trust Inc (Symbol: PDM) shares recently traded at $8.78, surpassing the average 12-month analyst target price of $8.67. Analysts may respond to this price breach by downgrading the stock or increasing their target price based on the company’s performance.
Among the three analysts covering PDM, one has a target of $8.00, while another sets a high of $9.00, resulting in a standard deviation of $0.577. Currently, the analyst ratings for PDM include 1 strong buy, 3 holds, and no sells, yielding an average rating of 2.5, where 1 is a strong buy and 5 a strong sell.
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