Truist Securities Maintains Buy on Ameris, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King maintains a Buy rating on Ameris (NASDAQ:ABCB) but lowers the price target from $60 to $54.
April 01, 2024 | 12:15 pm
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Truist Securities maintains a Buy rating on Ameris but lowers the price target from $60 to $54.
While the Buy rating indicates continued confidence in Ameris's performance, the reduction in the price target may reflect adjustments in market expectations or perceived risks, potentially leading to mixed short-term investor reactions.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90