Truist Securities Maintains Buy on Ducommun, Raises Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Ciarmoli has maintained a Buy rating on Ducommun (NYSE:DCO) and increased the price target from $62 to $69, indicating a positive outlook on the company's stock.
January 10, 2024 | 2:16 pm
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Truist Securities analyst Michael Ciarmoli has reaffirmed a Buy rating on Ducommun and raised the price target to $69, suggesting confidence in the company's future performance.
The increase in price target by Truist Securities reflects a positive assessment of Ducommun's stock, likely due to favorable business prospects or financial performance. This endorsement from a reputable analyst could lead to increased investor confidence and a potential short-term rise in the stock price.
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IMPORTANCE 80
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