Truist Securities Maintains Buy on OrthoPediatrics, Lowers Price Target to $51
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Richard Newitter has maintained a 'Buy' rating on OrthoPediatrics (NASDAQ:KIDS) but lowered the price target from $57 to $51.

August 04, 2023 | 11:43 am
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OrthoPediatrics' price target has been lowered from $57 to $51 by Truist Securities, though the 'Buy' rating is maintained.
The lowering of the price target by Truist Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the company, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100