Truist Securities Maintains Hold on Veris Residential, Raises Price Target to $16
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Michael Lewis maintains a 'Hold' rating on Veris Residential (NYSE:VRE) and raises the price target from $15 to $16.
August 15, 2023 | 2:38 pm
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Truist Securities maintains a 'Hold' rating on Veris Residential and raises the price target from $15 to $16.
The news is directly related to Veris Residential. The 'Hold' rating suggests that the analyst believes the stock will perform in line with the market, while the increased price target indicates a positive outlook. However, as it's just a single analyst's opinion, the impact might not be significant.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100