Truist Securities Maintains Hold on Macerich, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Ki Bin Kim has maintained a 'Hold' rating on Macerich (NYSE:MAC) and raised the price target from $14 to $15.
June 29, 2023 | 9:46 am
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NEUTRAL IMPACT
Macerich's price target has been raised from $14 to $15 by Truist Securities, while maintaining a 'Hold' rating.
The news of Truist Securities raising the price target for Macerich while maintaining a 'Hold' rating is directly relevant to the company. However, as the rating remains 'Hold', it suggests that the analyst does not expect significant price movement in the short term, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100