Truist Securities Maintains Buy on Wintrust Finl, Lowers Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King has maintained a 'Buy' rating on Wintrust Finl (NASDAQ:WTFC) but lowered the price target from $92 to $86.
September 27, 2023 | 4:26 pm
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NEUTRAL IMPACT
Wintrust Finl's price target has been lowered from $92 to $86 by Truist Securities, though the 'Buy' rating is maintained.
The news is directly about Wintrust Finl (WTFC). The lowering of the price target might indicate a potential downside in the short term, but the maintained 'Buy' rating suggests that the analyst still sees long-term potential in the stock. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100