The Latest Breaking News from Truist Securities

Upgrades

Someone with a lot of money to spend has taken a bearish stance on NVIDIA (NASDAQ:NVDA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Truist Securities has decided to maintain its Buy rating of AZEK Co (NYSE:AZEK) and lower its price target from $34.00 to $30.00. Shares of AZEK Co are trading down 13.06% over the last 24 hours, at $15.95 per share. A move to $30.00 would account for a 88.15% increase from…

Truist Securities has decided to maintain its Hold rating of Renasant (NASDAQ:RNST) and lower its price target from $33.00 to $31.00. Shares of Renasant are trading up 0.0% over the last 24 hours, at $28.75 per share. A move to $31.00 would account for a 7.82% increase from the current…

ASGN Inc (NYSE:ASGN) price target has been lowered to $110 (an upside of 32%) from $150 by Truist Securities analyst Tobey Sommer. The price target reduction reflects a reduced forward earnings multiple among its peers. Meanwhile, the analyst maintained the Buy rating on the shares. Sommer states that the company's emerging Consulting segment should be…

Truist Securities has decided to maintain its Buy rating of Northern Oil & Gas (NYSE:NOG) and raise its price target from $52.00 to $58.00. Shares of Northern Oil & Gas are trading down 5.05% over the last 24 hours, at $35.15 per share.

Truist Securities has decided to maintain its Buy rating of Cable One (NYSE:CABO) and raise its price target from $1400.00 to $1600.00. Shares of Cable One are trading down 1.67% over the last 24 hours, at $1291.01 per share.

Truist Securities analyst Bronson Fleig upgraded Shoals Technologies Group Inc (NASDAQ:SHLS) to Buy from Hold and raised the price target to $25 (an upside of 33%) from $16. The analyst specified that the two-year tariff exemption on solar imports from countries providing critical U.S. supply provides much improved near-term visibility for the company's core solar…

Truist Securities has decided to maintain its Hold rating of Ollie's Bargain Outlet (NASDAQ:OLLI) and raise its price target from $38.00 to $40.00. Shares of Ollie's Bargain Outlet are trading up 5.36% over the last 24 hours, at $56.24 per share.