Truist Securities Initiates Coverage On GFL Environmental with Buy Rating, Announces Price Target of $46
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has initiated coverage on GFL Environmental (NYSE:GFL) with a Buy rating and a price target of $46.
October 20, 2023 | 6:24 pm
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POSITIVE IMPACT
Truist Securities has initiated coverage on GFL Environmental with a Buy rating and a price target of $46. This could potentially increase investor confidence and drive the stock price up in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. A Buy rating from a reputable firm like Truist Securities indicates a positive outlook for GFL Environmental, which could attract more investors and drive the stock price up. The price target of $46 also suggests that the analyst sees significant upside potential in the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100