Truist Securities Maintains Hold on NexPoint Residential, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on NexPoint Residential (NYSE:NXRT) but lowered the price target from $35 to $34.
May 29, 2024 | 12:55 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Truist Securities has maintained a Hold rating on NexPoint Residential (NYSE:NXRT) but lowered the price target from $35 to $34.
The lowered price target from $35 to $34 suggests a slightly more pessimistic outlook on NexPoint Residential's stock performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100