Truist Securities Maintains Buy on Diodes, Lowers Price Target to $72-Report released on 8th Nov 2023
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst William Stein maintains a Buy rating on Diodes (NASDAQ:DIOD) but has lowered the price target from $93 to $72.
November 09, 2023 | 10:22 pm
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Truist Securities maintains a Buy rating on Diodes but lowers the price target from $93 to $72.
The news is directly related to Diodes (DIOD). While the Buy rating is maintained, the lowering of the price target could indicate a potential decrease in the stock's value. However, the impact on the stock price is uncertain in the short term as the Buy rating suggests that the stock is still expected to perform well.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 100