Truist Securities Maintains Buy on OneWater Marine, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Swartz has maintained a 'Buy' rating on OneWater Marine (NASDAQ:ONEW) but lowered the price target from $32 to $28.
October 17, 2023 | 5:24 pm
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NEUTRAL IMPACT
OneWater Marine's price target has been lowered from $32 to $28 by Truist Securities, though the 'Buy' rating is maintained.
The lowering of the price target by Truist Securities may cause some short-term uncertainty among investors, potentially impacting the stock's price. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the stock, which could balance out any negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100