Truist Securities Maintains Hold on Pennant Gr, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst David Macdonald has maintained a 'Hold' rating on Pennant Gr (NASDAQ:PNTG) and raised the price target from $13 to $14.
November 09, 2023 | 9:42 pm
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POSITIVE IMPACT
Truist Securities has maintained a 'Hold' rating on Pennant Gr and raised the price target from $13 to $14. This could potentially lead to a neutral to positive short-term impact on the stock.
The 'Hold' rating suggests that the analyst believes the stock will perform approximately in line with the market in the near future. The increase in price target from $13 to $14 indicates an expectation of some upside potential. This could lead to increased investor confidence and potentially a positive impact on the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100