Truist Securities Maintains Hold on Bank OZK, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Bank OZK while lowering its price target from $49 to $48.
September 20, 2024 | 2:47 pm
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Truist Securities has maintained a Hold rating on Bank OZK and lowered the price target from $49 to $48, indicating a slightly less optimistic outlook.
The lowering of the price target by Truist Securities suggests a slightly less optimistic view on Bank OZK's future performance, which could lead to a short-term negative impact on the stock price. The Hold rating indicates no strong buy or sell recommendation, but the reduced price target may influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100