Truist Securities Upgrades SiteOne Landscape Supply to Buy, Raises Price Target to $177
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Keith Hughes has upgraded SiteOne Landscape Supply (NYSE:SITE) from Hold to Buy and raised the price target from $157 to $177.
June 06, 2023 | 12:32 pm
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SiteOne Landscape Supply (NYSE:SITE) has been upgraded from Hold to Buy by Truist Securities, with a raised price target of $177.
The upgrade from Hold to Buy and the raised price target from $157 to $177 by Truist Securities analyst Keith Hughes indicate a positive outlook for SiteOne Landscape Supply. This news is likely to have a positive short-term impact on the stock price, as investors may see the upgrade as a sign of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100