Truist Securities Maintains Hold on Pennant Gr, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Pennant Group (NASDAQ:PNTG) and raised the price target from $22 to $25.
May 15, 2024 | 1:54 pm
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Truist Securities has maintained a Hold rating on Pennant Group and raised the price target from $22 to $25, indicating a positive outlook but suggesting investors should not buy more shares at this time.
The raised price target from $22 to $25 suggests a positive outlook for Pennant Group, but the Hold rating indicates that the analyst does not recommend buying more shares at this time. This could lead to a slight positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100