Truist Securities Maintains Hold on Fresenius Medical Care, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst David Macdonald maintains a 'Hold' rating on Fresenius Medical Care (NYSE:FMS) and raises the price target from $26 to $28.

July 13, 2023 | 4:48 pm
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Truist Securities maintains a 'Hold' rating on Fresenius Medical Care and raises the price target from $26 to $28.
The news is directly related to Fresenius Medical Care (FMS). The 'Hold' rating suggests that the analyst believes the stock will perform approximately in line with the market in the near future. The increase in price target from $26 to $28 indicates a positive outlook, but as it's not a rating upgrade, the impact on the stock price in the short term is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100