Truist Securities Maintains Hold on GMS, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Keith Hughes maintains a Hold rating on GMS (NYSE:GMS) but lowers the price target from $105 to $95.

June 21, 2024 | 1:16 pm
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Truist Securities analyst Keith Hughes maintains a Hold rating on GMS but lowers the price target from $105 to $95.
The lowered price target from $105 to $95 suggests a less optimistic outlook for GMS, which could lead to a short-term negative impact on the stock price. The Hold rating indicates that the analyst does not see significant upside potential in the near term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100