Truist Securities Initiates Coverage On Jacobs Solutions with Hold Rating, Announces Price Target of $154
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jamie Cook has initiated coverage on Jacobs Solutions (NYSE:J) with a Hold rating and set a price target of $154.

March 14, 2024 | 12:29 pm
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Truist Securities has initiated coverage on Jacobs Solutions with a Hold rating and a price target of $154.
The initiation of coverage by Truist Securities with a Hold rating and a specific price target provides investors with a new professional analysis to consider. However, a Hold rating typically suggests that the stock is expected to perform in line with the market or its sector, indicating neither a strong buy nor sell signal. The price target of $154 offers a reference point for potential future value but does not in itself suggest a significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90