Truist Securities Maintains Buy on Plymouth Industrial REIT, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Anthony Hau maintains a 'Buy' rating on Plymouth Industrial REIT (NYSE:PLYM) and raises the price target from $25 to $26.
August 11, 2023 | 2:10 pm
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POSITIVE IMPACT
Truist Securities maintains a 'Buy' rating on Plymouth Industrial REIT and raises the price target from $25 to $26. This could potentially lead to an increase in the stock's price.
The 'Buy' rating maintained by Truist Securities indicates a positive outlook for Plymouth Industrial REIT. The increase in the price target from $25 to $26 suggests that the analyst believes the stock is undervalued at its current price, which could lead to an increase in the stock's price as the market adjusts to this new information.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100