Truist Securities Maintains Hold on GMS, Raises Price Target to $72
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Keith Hughes maintains a Hold rating on GMS (NYSE:GMS) and raises the price target from $60 to $72.
June 27, 2023 | 12:49 pm
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Truist Securities maintains a Hold rating on GMS and raises the price target from $60 to $72.
The news directly mentions GMS and the analyst's decision to maintain a Hold rating while raising the price target. This indicates that the analyst sees potential for the stock price to increase, but not enough to warrant a Buy rating. The impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100