Truist Securities Maintains Buy on Boise Cascade, Lowers Price Target to $126
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Roxland has maintained a 'Buy' rating on Boise Cascade (NYSE:BCC) but lowered the price target from $129 to $126.
November 01, 2023 | 5:24 pm
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NEUTRAL IMPACT
Boise Cascade's price target has been lowered from $129 to $126 by Truist Securities, though the 'Buy' rating is maintained.
The lowering of the price target by Truist Securities could potentially create a negative sentiment among investors. However, the maintained 'Buy' rating indicates that the analyst still sees potential upside in the stock, which could balance out any negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100