Truist Securities Maintains Hold on COPT Defense, Lowers Price Target to $27-Report Released on 20 December 2023
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Lewis has maintained a Hold rating on COPT Defense (NYSE:CDP) but lowered the price target from $28 to $27.
December 21, 2023 | 3:22 pm
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Truist Securities has maintained a Hold rating on COPT Defense and reduced the price target from $28 to $27, indicating a conservative outlook on the stock's value.
The reduction in price target by Truist Securities suggests a slightly less optimistic valuation of COPT Defense, which could lead to a negative perception among investors and a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100