Truist Securities Maintains Hold on Barnes Gr, Raises Price Target to $40
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Michael Ciarmoli has maintained a 'Hold' rating on Barnes Group (NYSE:B) and raised the price target from $38 to $40.
July 21, 2023 | 2:06 pm
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Barnes Group's price target has been raised from $38 to $40 by Truist Securities, while maintaining a 'Hold' rating.
The news is directly about Barnes Group. The raised price target indicates a positive outlook, but the 'Hold' rating suggests that the stock is fairly valued at the moment. This could lead to neutral short-term price movement.
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IMPORTANCE 70
RELEVANCE 100