Truist raised the firm’s price target on Main Street (MAIN) to $64 from $54 and keeps a Hold rating on the shares after its Q2 earnings beat. The firm is positive on the company’s expected portfolio growth and the benefit of higher stock price in future equity issuance, the analyst tells investors in a research note.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MAIN: