Truist Securities Maintains Hold on United Community Banks, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jennifer Demba maintains a 'Hold' rating on United Community Banks (NASDAQ:UCBI) and lowers the price target from $30 to $26.
September 27, 2023 | 4:30 pm
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United Community Banks' price target has been lowered from $30 to $26 by Truist Securities, which maintains a 'Hold' rating on the stock.
The lowering of the price target by Truist Securities indicates a potential decrease in the stock's value. The 'Hold' rating suggests that the stock is not expected to outperform the market in the near term, which could negatively impact investor sentiment and the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100