Truist Securities Maintains Hold on BigCommerce Holdings, Raises Price Target to $12
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Terry Tillman maintains a 'Hold' rating on BigCommerce Holdings (NASDAQ:BIGC) and raises the price target from $8 to $12.

August 07, 2023 | 2:24 pm
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NEUTRAL IMPACT
Truist Securities maintains a 'Hold' rating on BigCommerce Holdings and raises the price target from $8 to $12.
The news is directly related to BigCommerce Holdings. 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 $8 to $12 indicates that the analyst sees potential for the stock's price to increase, which could have a positive impact on the stock. However, as it's a 'Hold' rating, the impact is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100