Truist Securities Maintains Buy on Icon, Lowers Price Target to $363
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Icon (NASDAQ:ICLR) but has lowered the price target from $383 to $363.
October 14, 2024 | 2:07 pm
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NEUTRAL IMPACT
Truist Securities has maintained a Buy rating on Icon but reduced the price target from $383 to $363, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Icon's performance, but the lowered price target indicates a tempered outlook. This could lead to neutral short-term price movement as the market digests the mixed signals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100