Truist Securities Maintains Hold on Pennant Gr, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst David Macdonald maintains a Hold rating on Pennant Group (NASDAQ:PNTG) and raises the price target from $25 to $28.
July 15, 2024 | 2:12 pm
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Truist Securities has maintained its Hold rating on Pennant Group and raised the price target from $25 to $28, indicating a positive outlook but suggesting investors should not buy more shares at this time.
The raised price target from $25 to $28 suggests a positive outlook for Pennant Group, but the Hold rating indicates that the stock is expected to perform in line with the market. This could lead to a slight positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100