Truist Securities Maintains Hold on GMS, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on GMS while lowering the price target from $95 to $90.
August 30, 2024 | 1:16 pm
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Truist Securities has maintained a Hold rating on GMS and lowered the price target from $95 to $90, indicating a slightly less optimistic outlook.
The Hold rating suggests that the analyst does not see significant upside or downside in the stock. The lowered price target from $95 to $90 indicates a slightly less optimistic view on the stock's potential, but not enough to change the rating from Hold. This suggests a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100