Truist Securities Maintains Buy on LCI Indus, Lowers Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Swartz has maintained a 'Buy' rating on LCI Industries (NYSE:LCII) but lowered the price target from $135 to $130.
October 17, 2023 | 5:34 pm
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NEUTRAL IMPACT
LCI Industries' price target has been lowered from $135 to $130 by Truist Securities, though the 'Buy' rating is maintained.
The news is directly related to LCI Industries. The lowering of the price target might indicate a slightly less optimistic outlook for the company's stock, but the maintained 'Buy' rating suggests that the analyst still sees potential for growth. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100