Truist Securities Maintains Hold on Astronics, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Ciarmoli has maintained a Hold rating on Astronics (NASDAQ:ATRO) but lowered the price target from $21 to $19.

May 03, 2024 | 1:48 pm
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Truist Securities maintains a Hold rating on Astronics, with a reduced price target from $21 to $19.
The reduction in the price target by Truist Securities suggests a bearish outlook on Astronics' short-term price potential, likely due to anticipated challenges or underperformance. This adjustment could lead to a negative perception among investors, potentially impacting the stock's short-term price movement negatively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100