Truist Securities Maintains Hold on Evolent Health, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Sandy Draper has maintained a Hold rating on Evolent Health (NYSE:EVH) but reduced the price target from $36 to $34.
November 14, 2023 | 3:48 pm
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NEGATIVE IMPACT
Truist Securities maintains a Hold rating on Evolent Health and lowers the price target from $36 to $34.
The reduction in price target by Truist Securities could lead to a negative perception among investors, potentially causing a short-term dip in EVH's stock price. However, since the rating remains a Hold, the impact may not be significantly bearish.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100