Truist Securities Downgrades Everi Hldgs to Hold, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Barry Jonas downgraded Everi Holdings (NYSE:EVRI) from Buy to Hold and reduced the price target from $14 to $13.
March 01, 2024 | 12:52 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Everi Holdings was downgraded by Truist Securities from Buy to Hold with a price target reduction from $14 to $13.
The downgrade from Buy to Hold suggests a neutral to negative outlook on the stock by the analyst, which could lead to a decrease in investor confidence and potentially lower stock price in the short term. The reduction in the price target further emphasizes the analyst's adjusted expectations for the stock's performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100