Truist Securities Maintains Hold on Pennant Gr, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst David Macdonald maintains a Hold rating on Pennant Group (NASDAQ:PNTG) and raises the price target from $34 to $38.
October 07, 2024 | 12:34 pm
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Truist Securities has maintained its Hold rating on Pennant Group while raising the price target from $34 to $38, indicating a positive outlook.
The increase in the price target from $34 to $38 by Truist Securities suggests a positive outlook for Pennant Group, which could lead to a short-term increase in stock price. However, the Hold rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100