RadNet shares are trading higher after Truist Securities maintained a Buy rating on the stock and raised its price target from $42 to $51.
Portfolio Pulse from Benzinga Newsdesk
RadNet shares surged following Truist Securities' decision to maintain a Buy rating on the stock, while also increasing the price target from $42 to $51.
March 04, 2024 | 5:22 pm
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POSITIVE IMPACT
RadNet's stock price increased after Truist Securities reaffirmed a Buy rating and raised the price target from $42 to $51.
The increase in RadNet's price target by Truist Securities signals a strong vote of confidence in the company's future performance. This endorsement from a reputable financial institution likely contributes to positive investor sentiment, driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100