Truist Securities Maintains Hold on Renasant, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King maintains a 'Hold' rating on Renasant (NASDAQ:RNST) and raises the price target from $29 to $34.
July 27, 2023 | 7:29 pm
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Truist Securities maintains a 'Hold' rating on Renasant and raises the price target from $29 to $34.
The news is directly about Renasant. The 'Hold' rating suggests that the stock is expected to perform in line with the market or the sector in the next 12 months. The increase in price target from $29 to $34 indicates that the analyst sees potential for the stock's price to increase, but it's not a strong buy recommendation.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100