Truist Securities Maintains Buy on Green Plains, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Green Plains (NASDAQ:GPRE) but lowered the price target from $25 to $18.
October 16, 2024 | 2:37 pm
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Truist Securities has maintained a Buy rating on Green Plains but reduced the price target from $25 to $18, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Green Plains, but the lowered price target indicates a more cautious outlook on its future performance. This could lead to a short-term negative impact on the stock price as investors adjust expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100