Truist Securities Maintains Hold on New Relic, Raises Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Joel Fishbein maintains a Hold rating on New Relic (NYSE:NEWR) and raises the price target from $65 to $77.
May 24, 2023 | 1:52 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Truist Securities maintains a Hold rating on New Relic and raises the price target from $65 to $77.
The news directly mentions New Relic (NEWR) and the price target increase by Truist Securities. However, the Hold rating remains unchanged, indicating a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100