Truist Securities Maintains Hold on Glacier Bancorp, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King maintains a 'Hold' rating on Glacier Bancorp (NYSE:GBCI) and raises the price target from $31 to $32.
October 23, 2023 | 5:23 pm
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Truist Securities maintains a 'Hold' rating on Glacier Bancorp and raises the price target from $31 to $32.
The news is directly about Glacier Bancorp. The 'Hold' rating suggests that the analyst believes the stock will perform approximately in line with the market in the near future. The increase in price target could be seen as a positive signal, but it's a minor increase and the overall rating remains 'Hold', suggesting no major changes in the stock's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100