Truist Securities Maintains Hold on Banc of California, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King maintains a Hold rating on Banc of California (NYSE:BANC) and lowers the price target from $16 to $15.
April 25, 2024 | 5:31 pm
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NEGATIVE IMPACT
Truist Securities maintains a Hold rating on Banc of California and reduces the price target from $16 to $15.
The reduction in price target by Truist Securities suggests a less optimistic outlook on Banc of California's stock, potentially leading to a negative short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100