Truist Securities Maintains Hold on Frontdoor, Raises Price Target to $40
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Youssef Squali has maintained a 'Hold' rating on Frontdoor (NASDAQ:FTDR) and raised the price target from $35 to $40.
August 04, 2023 | 1:55 pm
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Frontdoor's price target has been raised from $35 to $40 by Truist Securities, while maintaining a 'Hold' rating.
The news is directly about Frontdoor (FTDR). The raised price target indicates a positive outlook, but the 'Hold' rating suggests that the stock is fairly valued at the moment, which might not trigger a significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100