Truist Securities Maintains Buy on Leonardo DRS, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Ciarmoli has maintained a Buy rating on Leonardo DRS (NASDAQ:DRS) and increased the price target from $22 to $24.
January 10, 2024 | 2:18 pm
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POSITIVE IMPACT
Truist Securities has reaffirmed its Buy rating on Leonardo DRS and raised the price target from $22 to $24, indicating a positive outlook on the stock.
The increase in price target by Truist Securities suggests a bullish view on Leonardo DRS's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100