Truist Securities Maintains Buy on Brunswick, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Swartz has maintained a 'Buy' rating on Brunswick (NYSE:BC) but lowered the price target from $100 to $95.
October 17, 2023 | 3:58 pm
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NEUTRAL IMPACT
Brunswick's price target has been lowered from $100 to $95 by Truist Securities, though the 'Buy' rating is maintained.
The lowering of the price target by Truist Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100