Truist Securities Downgrades Heritage-Crystal Clean to Hold, Raises Price Target to $45.5
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has downgraded Heritage-Crystal Clean (NASDAQ:HCCI) from Buy to Hold, while raising the price target from $42 to $45.5.
July 20, 2023 | 9:48 am
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Heritage-Crystal Clean has been downgraded from Buy to Hold by Truist Securities, but the price target has been raised from $42 to $45.5.
The downgrade from Buy to Hold suggests that Truist Securities sees less upside potential in the short term for HCCI. However, the raised price target indicates that they still see value in the stock, just not as much immediate growth. This could lead to a neutral short term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100