Stephens lowered the firm’s price target on Truist Financial (TFC) to $46 from $48 and keeps an Overweight rating on the shares. Potential upside from strategic initiatives, incremental capital return, and better organic loan and deposit growth visibility support an Overweight rating, the analyst tells investors in a post-earnings note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TFC:
- Truist Financial price target lowered to $47 from $53 at Keefe Bruyette
- Truist Financial price target lowered to $47 from $51 at Barclays
- Strategic Positioning and Growth Potential Drive Buy Rating for Truist Financial
- Balanced Outlook for Truist Financial: Positive Earnings Offset by Revenue Challenges
- Truist Financial Reports Solid Q1 2025 Results