Truist Securities Maintains Hold on First Finl Bankshares, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jennifer Demba has maintained a Hold rating on First Financial Bankshares (NASDAQ: FFIN) and increased the price target from $31 to $35.
January 30, 2024 | 1:34 pm
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POSITIVE IMPACT
Truist Securities analyst reaffirms a Hold rating on First Financial Bankshares but raises the price target from $31 to $35, indicating a positive outlook on the stock's value.
The increase in price target by Truist Securities suggests an improved valuation of First Financial Bankshares, which could lead to increased investor interest and a potential short-term rise in the stock price. However, since the rating remains a Hold, the impact may be moderate as it does not suggest a strong buy or sell action.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100