Truist Securities Maintains Buy on HCI Group, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Mark Hughes has maintained a Buy rating on HCI Group (NYSE:HCI) and increased the price target from $112 to $130.
March 11, 2024 | 2:50 pm
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Truist Securities has reaffirmed its Buy rating on HCI Group and raised the price target from $112 to $130.
The upgrade in the price target by Truist Securities suggests a positive outlook on HCI Group's stock, likely due to strong fundamentals or growth prospects. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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IMPORTANCE 90
RELEVANCE 100