Truist Securities Maintains Hold on Elme Communities, Lowers Price Target to $18
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Michael Lewis has maintained a 'Hold' rating on Elme Communities (NYSE:ELME) and lowered the price target from $19 to $18.
June 28, 2023 | 2:20 pm
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Truist Securities has maintained a 'Hold' rating on Elme Communities and lowered the price target from $19 to $18.
The lowering of the price target by Truist Securities from $19 to $18 indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100