Truist Securities Maintains Hold on United Community Banks, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King maintains a Hold rating on United Community Banks (NASDAQ:UCBI) and raises the price target from $26 to $31.
July 25, 2024 | 2:38 pm
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Truist Securities has maintained its Hold rating on United Community Banks while raising the price target from $26 to $31, indicating a positive outlook.
The raised price target from $26 to $31 suggests a positive outlook for United Community Banks, which could lead to a short-term increase in stock price. However, the Hold rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100