Truist Securities Maintains Hold on Trustmark, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Trustmark (NASDAQ:TRMK) while raising the price target from $31 to $37.
July 25, 2024 | 2:37 pm
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Truist Securities has maintained a Hold rating on Trustmark (NASDAQ:TRMK) and raised the price target from $31 to $37. This indicates a positive outlook on the stock's potential, though the Hold rating suggests limited upside in the short term.
The raised price target from $31 to $37 suggests that the analyst sees potential for growth in Trustmark's stock. However, the Hold rating indicates that the stock may not outperform the market significantly in the short term. Investors might see this as a moderately positive signal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100