Truist Securities Maintains Hold on Aarons, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Scot Ciccarelli has maintained a Hold rating on Aarons (NYSE:AAN) and increased the price target from $8 to $12.
December 21, 2023 | 3:33 pm
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Truist Securities analyst Scot Ciccarelli maintains a Hold rating on Aarons but raises the price target from $8 to $12, indicating a positive outlook on the stock's value.
The increase in price target from $8 to $12 by Truist Securities suggests a more optimistic valuation of Aarons, which could lead to increased investor interest and a potential short-term rise in the stock price. However, the Hold rating indicates that the analyst does not see significant momentum or catalysts that would lead to a strong buy recommendation at this time.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100