Truist Securities Initiates Coverage On Peakstone Realty Trust with Hold Rating, Announces Price Target of $24
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Anthony Hau initiates coverage on Peakstone Realty Trust (NYSE:PKST) with a Hold rating and announces a price target of $24.
June 02, 2023 | 1:17 pm
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Truist Securities initiates coverage on Peakstone Realty Trust with a Hold rating and a price target of $24.
The initiation of coverage by Truist Securities with a Hold rating and a price target of $24 for Peakstone Realty Trust (PKST) is likely to have a neutral impact on the stock price in the short term. The Hold rating suggests that the analyst believes the stock is fairly valued at its current price, and the price target of $24 indicates a potential upside. However, the market may have already priced in this information, resulting in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100