Truist Securities Reiterates Buy on Riskified, Raises Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has reiterated its Buy rating on Riskified (NYSE:RSKD) and raised the price target from $7.5 to $8.

May 16, 2024 | 12:20 pm
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POSITIVE IMPACT
Truist Securities has reiterated its Buy rating on Riskified and raised the price target from $7.5 to $8, indicating confidence in the company's future performance.
The reiteration of a Buy rating and an increased price target from a reputable analyst firm like Truist Securities is a positive signal for investors, suggesting confidence in Riskified's future performance. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100