Truist Securities Maintains Hold on Renasant, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Renasant (NYSE:RNST) but lowered its price target from $38 to $37.
September 20, 2024 | 4:10 pm
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Truist Securities has maintained a Hold rating on Renasant and lowered its price target from $38 to $37, indicating a slightly less optimistic outlook.
The lowering of the price target by Truist Securities suggests a slightly less optimistic view on Renasant'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.
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