Truist Securities Maintains Hold on First Finl Bankshares, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jennifer Demba has maintained a Hold rating on First Financial Bankshares (NASDAQ: FFIN) and increased the price target from $27 to $31.

December 15, 2023 | 3:44 pm
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POSITIVE IMPACT
Truist Securities analyst Jennifer Demba maintains a Hold rating on First Financial Bankshares and raises the price target from $27 to $31.
The increase in price target by Truist Securities suggests a positive outlook on the stock's value, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the Hold rating indicates that the analyst does not see significant momentum or changes in fundamentals that would justify an upgrade to Buy, thus the impact may be moderate.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100