Truist Securities Maintains Hold on PotlatchDeltic, Lowers Price Target to $49-Report Released on 30 January 2024
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Roxland has maintained a Hold rating on PotlatchDeltic (NASDAQ:PCH) and reduced the price target from $51 to $49 as reported on January 30, 2024.

January 31, 2024 | 7:39 pm
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Truist Securities analyst Michael Roxland maintained a Hold rating on PotlatchDeltic and lowered the price target from $51 to $49.
The reduction in price target by Truist Securities could lead to a negative perception among investors, potentially causing a short-term dip in the stock price. However, since the rating remains a Hold, the impact may not be significantly bearish, but it does suggest a lack of positive catalysts that could drive the price higher in the near term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100