Truist Securities Maintains Hold on Macerich, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Ki Bin Kim has maintained a 'Hold' rating on Macerich (NYSE:MAC) and lowered the price target from $15 to $14.
June 29, 2023 | 9:47 am
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Macerich's price target has been lowered from $15 to $14 by Truist Securities, which maintains a 'Hold' rating on the stock.
The lowering of the price target by Truist Securities indicates a potential downside for Macerich's stock in the short term. The 'Hold' rating suggests that the analyst does not see significant upside potential in the near future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100