Truist Securities Maintains Hold on PacWest Banc, Lowers Price Target to $10
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Brandon King maintains a 'Hold' rating on PacWest Banc (NASDAQ:PACW) and lowers the price target from $13 to $10.
June 29, 2023 | 3:38 pm
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Truist Securities has maintained a 'Hold' rating on PacWest Banc and lowered the price target from $13 to $10.
The lowering of the price target by Truist Securities from $13 to $10 indicates a bearish outlook for PacWest Banc. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100