Truist Securities Maintains Hold on Jacobs Solutions, Lowers Price Target to $153
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jamie Cook has maintained a Hold rating on Jacobs Solutions (NYSE:J) but lowered the price target from $154 to $153.

May 08, 2024 | 12:58 pm
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NEUTRAL IMPACT
Truist Securities maintains a Hold rating on Jacobs Solutions but lowers the price target from $154 to $153.
The adjustment in price target by Truist Securities reflects a minor revision in their valuation of Jacobs Solutions. Given the small decrease, the impact on the stock price is likely to be limited, suggesting a neutral short-term movement. The Hold rating indicates that the analyst does not see significant upside or downside potential from the current price level.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100