Truist Securities Maintains Buy on Snap One Holdings, Lowers Price Target to $11-Report Released on 7th Nov
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Keith Hughes maintains a 'Buy' rating on Snap One Holdings (NASDAQ:SNPO) but has lowered the price target from $13 to $11.
November 08, 2023 | 3:37 pm
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NEUTRAL IMPACT
Despite a lowered price target from $13 to $11, Truist Securities maintains a 'Buy' rating on Snap One Holdings.
The news is directly about Snap One Holdings. The lowered price target might indicate a potential downside risk, but the maintained 'Buy' rating suggests that the analyst still sees value in the stock. This could lead to mixed market reactions, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100