Truist Securities Maintains Hold on WestRock, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Roxland maintains a 'Hold' rating on WestRock (NYSE:WRK) and raises the price target from $29 to $34.
August 04, 2023 | 8:11 pm
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WestRock's price target has been raised from $29 to $34 by Truist Securities, which maintains a 'Hold' rating on the stock.
The news is directly about WestRock (WRK). The 'Hold' rating suggests that the analyst does not expect significant price movement in the short term. However, the increase in price target could be seen as a positive signal, potentially leading to a slight increase in the stock price. The impact is neutral to slightly positive.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100