Piper Sandler lowered the firm’s price target on Truist Financial (TFC) to $48 from $49 and keeps a Neutral rating on the shares. The firm is bumping up EPS estimates following Truist’s Q3 earnings and updated outlook. Specifically, its 2025 goes from $3.84 to $3.93, its 2026 EPS goes from $4.34 to $4.43, and its 2027 EPS goes from $4.70 to $4.80.
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