Truist Securities Maintains Hold on NexPoint Residential, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Lewis has maintained a Hold rating on NexPoint Residential (NXRT) and reduced the price target from $37 to $35.
April 09, 2024 | 5:33 pm
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Truist Securities maintains a Hold rating on NexPoint Residential and lowers the price target from $37 to $35.
The reduction in the price target by Truist Securities suggests a less optimistic outlook on NexPoint Residential's stock value in the short term, potentially leading to a negative impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100