Truist Securities Maintains Buy on Green Dot, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Andrew Quail has maintained a Buy rating on Green Dot (NYSE:GDOT) but lowered the price target from $17 to $10.
November 13, 2023 | 6:13 pm
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Truist Securities reaffirmed a Buy rating on Green Dot but reduced the price target from $17 to $10, indicating a potential downside from the previous target.
The reduction in price target by Truist Securities, despite maintaining a Buy rating, suggests that they see less upside potential for Green Dot's stock price in the short term. This could lead to a negative investor sentiment and a potential decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100