Truist Securities Maintains Buy on Travel+Leisure, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Travel+Leisure (NYSE:TNL) but has lowered the price target from $65 to $60.
September 05, 2024 | 2:28 pm
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Truist Securities has maintained a Buy rating on Travel+Leisure but lowered the price target from $65 to $60, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in the stock, but the lowered price target indicates a tempered outlook. This could lead to neutral short-term price movement as the market digests the mixed signals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100