Truist Securities Maintains Hold on WestRock, Lowers Price Target to $29
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Michael Roxland maintains a 'Hold' rating on WestRock (NYSE:WRK) and lowers the price target from $30 to $29.
July 18, 2023 | 2:22 pm
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WestRock's price target has been lowered from $30 to $29 by Truist Securities, which maintains a 'Hold' rating on the stock.
The lowering of the price target by Truist Securities could potentially lead to a negative sentiment among investors, which may put downward pressure on the stock price in the short term. However, the 'Hold' rating suggests that the analyst does not expect significant changes in the stock's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100