Truist Securities Maintains Hold on PacWest Banc, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King has maintained a 'Hold' rating on PacWest Banc (NASDAQ:PACW) and lowered the price target from $10 to $8.
September 27, 2023 | 4:47 pm
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NEGATIVE IMPACT
PacWest Banc's price target has been lowered from $10 to $8 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. This could lead to a negative short-term impact on PacWest Banc's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100