Truist Securities has adjusted its price targets amid fluctuating market dynamics, notably reducing Snap Inc.'s target from $11 to $8 while maintaining a Hold rating, signaling caution about its outlook. In contrast, the firm upgraded U.S. Bancorp from Hold to Buy, increasing its price target from $61 to $66, reflecting stronger confidence in the banking sector. Additionally, while several targets were lowered for companies like Insulet and Epam Systems, Truist raised targets for firms like Avery Dennison and Etsy, showcasing a strategic response to current market conditions.
“Truist Securities · reduced its price target on Snap Inc. (NYSE:SNAP) from · $11 to $8”
“Truist Securities · maintained its rating on Snap Inc. (NYSE:SNAP) as · Hold”
“Truist Securities · described Snap Inc. (NYSE:SNAP)'s provided guidance as · relatively in line with expectations”
“Truist · updated the rating on · The UnitedHealth Group (NYSE:UNH) · adjusting the price target to $370 from $410”
“Truist Financial · reiterated rating on · Assurant, Inc. · Buy”
“Truist · lifted its price target for Avery Dennison · to US$234 · from US$213”
“Truist · upgraded · U.S. Bancorp (USB) · Buy from Hold with a price target of $66”
“Truist · upgraded · U.S. Bancorp (USB) · Buy from Hold with a price target of $66, up from $61”
“Truist · raised its price recommendation on Centene Corporation · to $49 · from $47”
“Truist · maintained a · Buy rating · true”
“Truist · raised · price target on The Cigna Group · $350”
“Truist · raised target for Ardagh Metal Packaging · US$5 · from US$4”
