Bluegreen Vacations price target raised to $51 from $45 at Truist

Truist raised the firm’s price target on Bluegreen Vacations to $51 from $45 and keeps a Buy rating on the shares. The company’s Q4 earnings beat was driven by growth in vacation ownership interests, the analyst tells investors in a research note, adding that the firm’s price target change also reflects a roll forward in valuation multiples to 2024.