Truist Securities Maintains Buy on REX American Resources, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on REX American Resources but lowered the price target from $65 to $60.
August 27, 2024 | 10:02 am
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NEUTRAL IMPACT
Truist Securities has maintained a Buy rating on REX American Resources but lowered the price target from $65 to $60.
The maintenance of a Buy rating suggests continued confidence in REX American Resources, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100