Truist Securities Maintains Hold on Aarons, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Scot Ciccarelli maintains a 'Hold' rating on Aarons (NYSE:AAN) and raises the price target from $12 to $15.

August 04, 2023 | 11:44 am
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Truist Securities maintains a 'Hold' rating on Aarons and raises the price target from $12 to $15. This could potentially influence investor sentiment and the stock's price.
The 'Hold' rating suggests that Truist Securities believes Aarons' stock is fairly valued at current levels. The increase in price target from $12 to $15 indicates an expectation of potential upside, which could positively influence investor sentiment and potentially the stock's price in the short term. However, as the rating is 'Hold', it also suggests that the stock is not expected to outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100