Truist Securities Maintains Hold on Bank OZK, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jennifer Demba has maintained a Hold rating on Bank OZK (NASDAQ:OZK) and increased the price target from $38 to $55.
December 15, 2023 | 4:05 pm
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POSITIVE IMPACT
Truist Securities reaffirms a Hold rating on Bank OZK and raises the price target to $55, indicating a positive outlook on the stock's value.
The increase in price target by Truist Securities suggests a more optimistic valuation of Bank OZK's stock, which could lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100