Truist Securities Maintains Hold on Rayonier, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Rayonier (NYSE:RYN) while raising the price target from $31 to $32.
October 15, 2024 | 12:16 pm
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Truist Securities has maintained a Hold rating on Rayonier and increased the price target from $31 to $32, indicating a slightly positive outlook.
The increase in price target from $31 to $32 suggests a slightly positive outlook for Rayonier, although the Hold rating indicates no strong buy or sell recommendation. This could lead to a modest positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100