Truist Securities Maintains Buy on Everi Hldgs, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Barry Jonas has maintained a 'Buy' rating on Everi Hldgs (NYSE:EVRI), but lowered the price target from $25 to $20.

August 10, 2023 | 4:52 pm
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Everi Hldgs' price target has been lowered from $25 to $20 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 stock, which could counterbalance the negative sentiment to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100