Truist Securities Maintains Hold on NexPoint Residential, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on NexPoint Residential (NYSE:NXRT) while raising the price target from $37 to $46.
August 27, 2024 | 10:08 am
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Truist Securities has maintained a Hold rating on NexPoint Residential and increased the price target from $37 to $46, indicating a more positive outlook.
The increase in the price target from $37 to $46 suggests a more optimistic view on NexPoint Residential's future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100