Truist Securities Maintains Hold on MasterCraft Boat Hldgs, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Swartz has maintained a 'Hold' rating on MasterCraft Boat Hldgs (NASDAQ:MCFT) but lowered the price target from $28 to $23.
August 31, 2023 | 3:48 pm
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MasterCraft Boat Hldgs' price target has been lowered from $28 to $23 by Truist Securities, while maintaining a 'Hold' rating.
The lowering of the price target by Truist Securities indicates a less optimistic outlook for MasterCraft Boat Hldgs, which could negatively impact the stock's price in the short term. However, the 'Hold' rating suggests that the stock is not expected to significantly underperform or outperform the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100