Truist Securities Reiterates Buy on REX American Resources, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has reiterated its Buy rating on REX American Resources but has lowered the price target from $70 to $65.
May 30, 2024 | 2:11 pm
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Truist Securities has reiterated its Buy rating on REX American Resources but has lowered the price target from $70 to $65.
The reiteration of the Buy rating is positive, but the lowered price target may temper investor enthusiasm. The net impact is likely neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100