Truist Securities Initiates Coverage On Greif with Hold Rating, Announces Price Target of $71
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Roxland initiates coverage on Greif (NYSE:GEF) with a Hold rating and sets a price target of $71.

April 18, 2024 | 12:41 pm
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NEUTRAL IMPACT
Truist Securities has initiated coverage on Greif with a Hold rating and a price target of $71.
The initiation of coverage by Truist Securities with a Hold rating and a specific price target provides investors with a new professional analysis to consider. While the Hold rating suggests a neutral outlook, the setting of a price target can influence investor perception and potentially the stock's market price. However, the impact is considered neutral short term as the rating does not suggest significant upside or downside.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100