Truist Securities Maintains Hold on Elme Communities, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Elme Communities (NYSE:ELME) and raised the price target from $15 to $16.
May 15, 2024 | 1:47 pm
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Truist Securities has maintained a Hold rating on Elme Communities and raised the price target from $15 to $16.
The raised price target from $15 to $16 indicates a positive outlook from Truist Securities, which could lead to a short-term increase in ELME's stock price. However, the Hold rating suggests limited upside potential.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100