Truist Securities Maintains Hold on Frontdoor, Raises Price Target to $35
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Youssef Squali has maintained a 'Hold' rating on Frontdoor (NASDAQ:FTDR) and raised the price target from $30 to $35.
July 07, 2023 | 1:42 pm
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Frontdoor's price target has been raised from $30 to $35 by Truist Securities, while maintaining a 'Hold' rating.
The news is directly about Frontdoor. The raised price target indicates a positive outlook, but the 'Hold' rating suggests that the stock is fairly valued at the moment. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100