Air Transport Services Group shares are trading lower after Truist Securities lowered its price target from $21 to $16 on the stock. Also, Susequehanna downgraded the stock from Positive to Neutral and announced a $15 price target.
Portfolio Pulse from Benzinga Newsdesk
Air Transport Services Group's stock price is expected to decrease as Truist Securities lowered its price target from $21 to $16 and Susequehanna downgraded the stock from Positive to Neutral with a $15 price target.
November 08, 2023 | 6:09 pm
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NEGATIVE IMPACT
Air Transport Services Group's stock price is expected to decrease due to lowered price targets by Truist Securities and Susequehanna.
The lowering of price targets by Truist Securities and Susequehanna indicates a bearish outlook for ATSG. This could lead to a decrease in the stock price as investors adjust their expectations based on these new targets.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100