Truist Securities Maintains Hold on Trustmark, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King has maintained a Hold rating on Trustmark (NASDAQ:TRMK) and increased the price target from $29 to $30.

April 01, 2024 | 12:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Truist Securities has maintained a Hold rating on Trustmark and raised the price target from $29 to $30.
The decision by Truist Securities to maintain a Hold rating but increase the price target for Trustmark suggests a positive outlook on the company's future performance, albeit with caution. This adjustment in the price target could lead to a short-term positive sentiment among investors, potentially driving the stock price up as it reflects analyst confidence in the company's value.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90