Truist Securities Maintains Buy on Ballys, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Barry Jonas has maintained a 'Buy' rating on Ballys (NYSE:BALY) but lowered the price target from $16 to $13.
November 02, 2023 | 7:33 pm
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NEUTRAL IMPACT
Truist Securities has maintained a 'Buy' rating on Ballys but lowered the price target from $16 to $13.
The news is directly related to Ballys as the company's price target has been lowered by Truist Securities. However, the 'Buy' rating has been maintained which indicates that the analyst still sees potential in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100