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Truist Financial Remains a Hold on Leggett & Platt (LEG)

Tipranks - Tipranks - Wed Jan 7, 6:24AM CST

In a report released today, Keith Hughes from Truist Financial maintained a Hold rating on Leggett & Platt, with a price target of $13.00.

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Hughes covers the Industrials sector, focusing on stocks such as QXO Inc, Owens Corning, and TopBuild. According to TipRanks, Hughes has an average return of 19.3% and a 64.20% success rate on recommended stocks.

In a report released on December 31, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $11.50 price target.

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Based on Leggett & Platt’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.04 billion and a net profit of $127.1 million. In comparison, last year the company earned a revenue of $1.1 billion and had a net profit of $44.9 million

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