Truist Securities Maintains Hold on Air Transport Services Gr, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Ciarmoli has maintained a Hold rating on Air Transport Services Group (ATSG) but lowered the price target from $20 to $14.
April 19, 2024 | 1:19 pm
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Truist Securities maintains a Hold rating on ATSG, with a reduced price target from $20 to $14.
The reduction in the price target by Truist Securities suggests a bearish outlook on the stock's short-term price potential, likely due to underlying challenges or market conditions affecting ATSG. This adjustment could lead to negative sentiment among investors, potentially impacting the stock's price negatively in the short term.
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IMPORTANCE 80
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