B of A Securities Maintains Neutral on Smith Douglas Homes, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Smith Douglas Homes (NYSE:SDHC) while raising the price target from $36 to $40.
September 19, 2024 | 5:29 pm
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B of A Securities has maintained a Neutral rating on Smith Douglas Homes, but raised the price target from $36 to $40, indicating a positive outlook.
The increase in the price target from $36 to $40 suggests a positive outlook for Smith Douglas Homes, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy or sell signal, which tempers the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100