Truist Securities Maintains Buy on LCI Indus, Lowers Price Target to $125-Report Released on 7th Nov
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Swartz maintains a 'Buy' rating on LCI Industries (NYSE:LCII) but has lowered the price target from $130 to $125.
November 08, 2023 | 3:44 pm
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NEUTRAL IMPACT
LCI Industries' price target has been lowered from $130 to $125 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. However, the maintained 'Buy' rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100