Truist Securities Maintains Hold on Bank OZK, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King has maintained a 'Hold' rating on Bank OZK (NASDAQ:OZK) and lowered the price target from $46 to $40.
September 27, 2023 | 4:27 pm
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Bank OZK's price target has been lowered from $46 to $40 by Truist Securities, which maintains a 'Hold' rating on the stock.
The lowering of the price target by Truist Securities indicates a potential downside for Bank OZK's stock in the short term. The 'Hold' rating suggests that the stock is expected to perform in line with the market or sector in the next 12 months, but the reduced price target could negatively impact investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100