Truist Securities Maintains Buy on The Real Good Food, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Bill Chappell has maintained a 'Buy' rating on The Real Good Food (NASDAQ:RGF) but lowered the price target from $10 to $4.
October 18, 2023 | 4:43 pm
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The Real Good Food's price target has been lowered from $10 to $4 by Truist Securities, though the 'Buy' rating is maintained.
The lowering of the price target for The Real Good Food by Truist Securities indicates a potential decrease in the stock's value. However, the maintained 'Buy' rating suggests that the stock is still expected to perform well in the long run. This could lead to short-term negative impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100