Truist Securities Maintains Buy on MarineMax, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Swartz maintains a Buy rating on MarineMax (NYSE:HZO) but lowers the price target from $40 to $35.

April 26, 2024 | 3:50 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on MarineMax but lowers the price target from $40 to $35.
The adjustment in price target by Truist Securities reflects a revised valuation outlook for MarineMax, though the Buy rating indicates continued confidence in the company's fundamentals. This mixed signal could lead to short-term price stability as investors digest the implications of a lower price target against the backdrop of an analyst's continued endorsement.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100