Truist Securities Maintains Hold on SolarWinds, Raises Price Target to $13-Report released on 8th February 2024
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Terry Tillman has maintained a Hold rating on SolarWinds (NYSE:SWI) and increased the price target from $11 to $13 as of 8th February 2024.
February 09, 2024 | 10:00 pm
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Truist Securities has maintained a Hold rating on SolarWinds and raised the price target from $11 to $13.
The increase in the price target by Truist Securities suggests a positive outlook on SolarWinds' stock value in the short term. Although the rating remains a Hold, the raised target indicates an expectation of some upward movement in the stock price, likely due to improved company performance or market conditions. This could lead to increased investor interest and potentially a slight increase in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100