Truist Securities Maintains Underperform on Futu Hldgs, Raises Price Target to $32.15
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Emma Xu maintains an Underperform rating on Futu Holdings (NASDAQ:FUTU) and raises the price target from $27 to $32.15.
May 25, 2023 | 1:43 pm
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Truist Securities maintains an Underperform rating on Futu Holdings and raises the price target from $27 to $32.15.
The news directly mentions Futu Holdings (NASDAQ:FUTU) and the analyst's decision to maintain an Underperform rating, which indicates a negative outlook for the stock. The raised price target, however, may slightly mitigate the negative impact. The relevance, importance, and confidence scores are high due to the direct mention and the influence of analyst ratings on stock prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100