Truist Securities Maintains Buy on Diodes, Lowers Price Target to $93
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst William Stein has maintained a 'Buy' rating on Diodes (NASDAQ:DIOD) but lowered the price target from $94 to $93.
September 06, 2023 | 4:02 pm
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NEUTRAL IMPACT
Diodes' price target has been lowered from $94 to $93 by Truist Securities, though the 'Buy' rating is maintained.
The news is directly about Diodes (DIOD). The lowering of the price target might indicate a slightly less optimistic outlook, but the maintained 'Buy' rating suggests that the analyst still sees potential in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100