Truist Securities Maintains Hold on First Finl Bankshares, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King has maintained a 'Hold' rating on First Financial Bankshares (NASDAQ:FFIN) but lowered the price target from $33 to $27.
September 27, 2023 | 4:41 pm
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First Financial Bankshares' price target has been lowered from $33 to $27 by Truist Securities, though the 'Hold' rating is maintained.
The lowering of the price target by Truist Securities indicates a less optimistic outlook for the stock, which could potentially lead to a decrease in its price in the short term. However, the maintenance of the 'Hold' rating suggests that the stock is still expected to perform at its current level.
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IMPORTANCE 80
RELEVANCE 100