Truist Securities Maintains Hold on Astronics, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Astronics (NASDAQ:ATRO) while lowering the price target from $22 to $20.

October 18, 2024 | 1:21 pm
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Truist Securities has maintained a Hold rating on Astronics and lowered the price target from $22 to $20, indicating a cautious outlook.
The lowering of the price target from $22 to $20 by Truist Securities suggests a less optimistic view on Astronics' future performance, which could lead to a negative short-term impact on the stock price. The Hold rating indicates that the analyst does not see significant upside potential at the moment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100