Truist Securities Maintains Buy on Green Plains, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jordan Levy has maintained a Buy rating on Green Plains (NASDAQ:GPRE) but has reduced the price target from $40 to $35.

January 23, 2024 | 5:02 pm
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NEUTRAL IMPACT
Truist Securities reaffirmed a Buy rating on Green Plains but lowered the price target from $40 to $35, indicating a positive outlook but with reduced expectations.
While the Buy rating reaffirms confidence in Green Plains' fundamentals and potential growth, the reduction in the price target may reflect a more cautious view on the stock's valuation or expected performance. This could lead to a neutral short-term impact on the stock price as the positive sentiment from the Buy rating is balanced by the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100