Citigroup Reinstates Buy on PACS Group, Announces $45 Price Target
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jason Cassorla has reinstated a Buy rating on PACS Group with a price target of $45.
September 11, 2024 | 12:33 pm
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Citigroup analyst Jason Cassorla has reinstated a Buy rating on PACS Group, setting a price target of $45. This suggests a positive outlook for the company's stock.
The reinstatement of a Buy rating by a major financial institution like Citigroup, along with a specific price target, typically indicates a positive sentiment towards the stock. This can lead to increased investor interest and potentially drive the stock price up in the short term.
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