F.N.B. price target raised to $20 from $19.50 at Truist

Truist raised the firm’s price target on F.N.B. (FNB) to $20 from $19.50 and keeps a Buy rating on the shares after its Q1 results. The firm notes that its estimates remain unchanged as slightly higher net interest income was offset by modestly lower fees and higher expenses, the analyst tells investors in a research note. Truist adds that its updated estimates are towards the middle of guidance on net interest income and fees, on the higher end on expenses, and towards the lower end on loan loss provision.