Truist Securities Maintains Hold on Trustmark, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King has maintained a Hold rating on Trustmark (NASDAQ:TRMK) and increased the price target from $21 to $29.
December 15, 2023 | 4:44 pm
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Truist Securities has reaffirmed Trustmark's Hold rating and raised the price target from $21 to $29, indicating a positive outlook on the stock's value.
The increase in price target by Truist Securities suggests a more optimistic valuation of Trustmark, which could lead to increased investor interest and a potential short-term rise in the stock price. The Hold rating indicates that the analyst believes the stock will perform in line with the market, but the raised target implies an expectation of some positive performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100