Bill price target raised to $59 from $58 at Truist

Truist raised the firm’s price target on Bill (BILL) to $59 from $58 and keeps a Buy rating on the shares as part of a broader research note updating its models on Payments names after their Q4 earnings releases. For the company, the firm is citing refreshed assumptions around higher net adds and volume per customer, the analyst tells investors in a research note.