Truist Securities Maintains Hold Rating for First Finl Bankshares: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Truist Securities has maintained its Hold rating for First Financial Bankshares (NASDAQ:FFIN) but lowered its price target from $33.00 to $27.00. The shares of FFIN are currently trading down 2.18% at $24.21 per share. A move to $27.00 would account for a 11.52% increase from the current share price.
September 27, 2023 | 5:00 pm
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Truist Securities has maintained its Hold rating for First Financial Bankshares but lowered its price target. This could potentially impact the stock's performance.
The decision by Truist Securities to maintain its Hold rating indicates a neutral stance on the stock. However, the lowering of the price target from $33.00 to $27.00 could potentially lead to a negative sentiment among investors, which might put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100