Truist Securities Maintains Hold on OrthoPediatrics, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on OrthoPediatrics (NASDAQ:KIDS) while lowering the price target from $34 to $28.
October 14, 2024 | 2:21 pm
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NEGATIVE IMPACT
Truist Securities has maintained a Hold rating on OrthoPediatrics and lowered the price target from $34 to $28, indicating a less optimistic outlook.
The lowering of the price target from $34 to $28 by Truist Securities suggests a less optimistic view on OrthoPediatrics' future performance, which could lead to a negative short-term impact on the stock price. The Hold rating indicates that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100