The Latest Breaking News from Truist Securities

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…

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Freshpet Inc (NASDAQ:FRPT) has priced the follow-on offering of 4.3 million shares at $81 per share. The offer price represents a 2.3% discount on the company’s closing price on May 3, 2022. Freshpet has also granted the underwriters a 30-day option to purchase up to 0.6 million additional shares of its common stock.…

Truist Securities has decided to maintain its Buy rating of Alphabet (NASDAQ:GOOGL) and lower its price target from $3600.00 to $3500.00. Shares of Alphabet are trading down 3.63% over the last 24 hours, at $2286.75 per share.

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Truist Securities has decided to maintain its Buy rating of Callaway Golf (NYSE:ELY) and lower its price target from $42.00 to $36.00. Shares of Callaway Golf are trading down 1.4% over the last 24 hours, at $22.11 per share.

On Sunday evening, Benzinga asked its followers on Twitter what they’re buying at the open on Monday. From the replies, Benzinga selected one ticker for technical analysis.