Truist Securities Maintains Hold on Bank OZK, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King maintains a Hold rating on Bank OZK (NASDAQ:OZK) and lowers the price target from $52 to $48.
April 01, 2024 | 12:18 pm
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NEGATIVE IMPACT
Truist Securities maintains a Hold rating on Bank OZK and lowers the price target from $52 to $48.
The reduction in the price target by Truist Securities suggests a less optimistic outlook on Bank OZK's stock performance in the short term. This adjustment could lead to a negative perception among investors, potentially causing a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100