Truist Securities Maintains Buy on Community Healthcare, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Lewis maintains a Buy rating on Community Healthcare (NYSE:CHCT) but lowers the price target from $35 to $30.
June 17, 2024 | 11:21 am
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Community Healthcare (NYSE:CHCT) but lowers the price target from $35 to $30.
The Buy rating suggests continued confidence in the stock, but the lowered price target indicates a more cautious outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100