Truist Securities Maintains Hold on Leggett & Platt, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Keith Hughes has maintained a Hold rating on Leggett & Platt (NYSE:LEG) and reduced the price target from $16 to $13.

May 03, 2024 | 2:00 pm
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NEGATIVE IMPACT
Truist Securities maintains a Hold rating on Leggett & Platt and lowers the price target from $16 to $13.
The reduction in price target by Truist Securities suggests a bearish outlook on Leggett & Platt's short-term price potential, likely due to factors not specified in the article but typically related to company performance or market conditions. This adjustment could lead to a negative perception among investors, potentially impacting the stock's price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100