Truist Securities Maintains Buy on Ameris, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Ameris (NYSE:ABCB) but lowered the price target from $73 to $68.
October 28, 2024 | 12:58 pm
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Truist Securities has maintained a Buy rating on Ameris but lowered the price target from $73 to $68, indicating a positive outlook with some caution.
The maintenance of a Buy rating suggests continued confidence in Ameris' performance, but the lowered price target indicates some caution about future growth or market conditions. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100