Truist Securities Maintains Hold Rating for Corporate Office Props Tr: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Truist Securities has maintained its Hold rating for Corporate Office Properties Trust (NYSE:OFC) and increased its price target from $26.00 to $28.00. The shares of OFC are currently trading down 0.34% at $26.05 per share. A move to $28.00 would represent a 7.49% increase from the current share price.
September 05, 2023 | 5:00 pm
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Truist Securities has maintained its Hold rating for OFC and raised its price target. This could potentially lead to a positive sentiment among investors.
The decision by Truist Securities to maintain its Hold rating indicates a neutral stance on the stock. However, the increase in the price target from $26.00 to $28.00 suggests that the analyst sees potential for the stock's price to increase, which could lead to positive sentiment among investors.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100