Truist Securities Maintains Hold on NexPoint Residential, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Lewis maintains a Hold rating on NexPoint Residential (NYSE:NXRT) and raises the price target from $34 to $37.
June 24, 2024 | 12:29 pm
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Truist Securities has maintained its Hold rating on NexPoint Residential and increased the price target from $34 to $37, indicating a positive outlook.
The increase in the price target from $34 to $37 by Truist Securities suggests a positive outlook for NexPoint Residential. Although the Hold rating remains unchanged, the higher price target indicates that the analyst sees potential for the stock to appreciate.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100