Truist Securities Maintains Hold on United Community Banks, Raises Price Target to $30
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Jennifer Demba maintains a 'Hold' rating on United Community Banks (NASDAQ:UCBI) and raises the price target from $27 to $30.

July 20, 2023 | 2:35 pm
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United Community Banks' price target has been raised from $27 to $30 by Truist Securities, while maintaining a 'Hold' rating.
The news is directly about United Community Banks (UCBI). The 'Hold' rating suggests that the analyst does not expect significant price movement in the short term, but the increase in price target could be seen as a positive signal, potentially leading to a slight increase in the stock price. However, as the rating is still 'Hold', the impact is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100