Truist Securities Maintains Hold on Renasant, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King maintains a Hold rating on Renasant (NYSE:RNST) and raises the price target from $32 to $38.
July 25, 2024 | 2:36 pm
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Truist Securities has maintained its Hold rating on Renasant and increased the price target from $32 to $38, indicating a positive outlook.
The increase in the price target from $32 to $38 by Truist Securities suggests a positive outlook for Renasant, which could lead to a short-term increase in the stock price. However, the Hold rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100