Truist Securities Maintains Buy on PRA Group, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on PRA Group but lowered its price target from $42 to $28.
August 20, 2024 | 2:13 pm
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NEUTRAL IMPACT
Truist Securities has maintained a Buy rating on PRA Group but lowered its price target from $42 to $28, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in PRA Group's potential, but the lowered price target indicates a more cautious outlook on its future performance. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100