Truist Securities Maintains Hold on Main Street Capital, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Mark Hughes has maintained a Hold rating on Main Street Capital (NYSE:MAIN) and increased the price target from $45 to $52.

May 13, 2024 | 12:25 pm
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Truist Securities maintains a Hold rating on Main Street Capital but raises the price target from $45 to $52, indicating a positive outlook on the stock's value.
The increase in price target by Truist Securities suggests a positive reassessment of Main Street Capital's value, potentially leading to increased investor interest and a positive short-term impact on the stock price. The Hold rating indicates that the analyst sees the stock as fairly valued at its current price, but the raised target suggests an expectation of growth or positive performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100