Truist Securities Maintains Hold on MasterCraft Boat Hldgs, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Swartz maintains a 'Hold' rating on MasterCraft Boat Hldgs (NASDAQ:MCFT) and lowers the price target from $23 to $20.
October 17, 2023 | 5:27 pm
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NEGATIVE IMPACT
MasterCraft Boat Hldgs' price target has been lowered from $23 to $20 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 the stock's price as it may cause investors to reassess their positions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100