DA Davidson Maintains Neutral on Trustmark, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Kevin Fitzsimmons has maintained a Neutral rating on Trustmark (NASDAQ:TRMK) and increased the price target from $30 to $34.
April 25, 2024 | 7:40 pm
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DA Davidson analyst Kevin Fitzsimmons maintains a Neutral rating on Trustmark but raises the price target from $30 to $34.
The increase in price target by DA Davidson reflects a positive adjustment in the valuation of Trustmark, suggesting an expectation of stronger performance or improved fundamentals. While the Neutral rating indicates no significant change in the stock's overall outlook, the raised price target could lead to positive investor sentiment in the short term, potentially driving the stock price up.
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