Truist Securities Downgrades Glacier Bancorp to Hold, Announces $34 Price Target
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Brandon King has downgraded Glacier Bancorp (NYSE:GBCI) from Buy to Hold and set a price target of $34.
July 24, 2023 | 10:35 am
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Glacier Bancorp has been downgraded from Buy to Hold by Truist Securities, with a price target of $34.
The downgrade from Buy to Hold by Truist Securities indicates a less optimistic outlook for Glacier Bancorp. This could potentially lead to a decrease in the stock's price in the short term. The price target of $34 provides a benchmark for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100