Truist Securities Maintains Buy on Travel+Leisure, Lowers Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Patrick Scholes has maintained a Buy rating on Travel+Leisure (NYSE:TNL) but reduced the price target from $66 to $59.
November 15, 2023 | 4:45 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Travel+Leisure but lowers the price target from $66 to $59.
While the Buy rating indicates continued confidence in the company's performance, the reduction in price target may reflect a tempered outlook on the stock's valuation or expected performance. This could lead to a neutral short-term impact as the positive sentiment from the Buy rating is counterbalanced by the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100