Truist Securities Maintains Hold on Glacier Bancorp, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King maintains a Hold rating on Glacier Bancorp (NYSE:GBCI) and lowers the price target from $45 to $42.
April 01, 2024 | 12:29 pm
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Truist Securities maintains a Hold rating on Glacier Bancorp and reduces the price target from $45 to $42.
The reduction in price target by Truist Securities suggests a less optimistic outlook on Glacier Bancorp's stock value 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 75
RELEVANCE 100