Truist Securities Maintains Buy on Community Healthcare, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Community Healthcare (NYSE:CHCT) but lowered the price target from $30 to $22.

August 30, 2024 | 1:11 pm
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Truist Securities has maintained a Buy rating on Community Healthcare (CHCT) but lowered the price target from $30 to $22, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in CHCT's potential, but the lowered price target indicates a more cautious outlook, likely due to revised expectations or market conditions. This could lead to short-term downward pressure on the stock price.
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