Truist Securities Maintains Buy on Central Garden & Pet, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Central Garden & Pet (NASDAQ:CENT) but has lowered the price target from $50 to $40.
October 16, 2024 | 2:28 pm
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Truist Securities has maintained a Buy rating on Central Garden & Pet but lowered the price target from $50 to $40, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in the stock's potential, but the lowered price target indicates a more cautious outlook on its short-term performance. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100