Truist Securities Maintains Buy on SiteOne Landscape Supply, Lowers Price Target to $158
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Keith Hughes has maintained a 'Buy' rating on SiteOne Landscape Supply (NYSE:SITE) but lowered the price target from $187 to $158.

November 02, 2023 | 8:08 pm
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SiteOne Landscape Supply's price target has been lowered from $187 to $158 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, which might put downward pressure on the stock price in the short term. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the company, which could offset the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100