Truist Securities Maintains Buy on SiteOne Landscape Supply, Lowers Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Keith Hughes maintains a Buy rating on SiteOne Landscape Supply (NYSE:SITE) but lowers the price target from $204 to $175.

May 02, 2024 | 1:36 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on SiteOne Landscape Supply but lowers the price target from $204 to $175.
The maintenance of a Buy rating suggests a positive outlook on the company's fundamentals, while the reduction in price target may reflect adjustments in market conditions or company valuation. This mixed signal could lead to neutral short-term price movement as investors weigh the positive rating against the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100