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.
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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
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