Truist Securities Maintains Buy on Seacoast Banking, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Young has reaffirmed a Buy rating on Seacoast Banking (NASDAQ:SBCF) and increased the price target from $23 to $33.
December 15, 2023 | 4:25 pm
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POSITIVE IMPACT
Truist Securities analyst Michael Young maintains a Buy rating on Seacoast Banking and raises the price target from $23 to $33.
The increase in price target by Truist Securities reflects a positive outlook on Seacoast Banking's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100