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Truist Financial price target raised to $48 from $47 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Truist Financial (TFC) to $48 from $47 and keeps an Equal Weight rating on the shares. After the company’s “mixed quarter” in Q2, the firm is raising its 2025 and 2026 EPS estimates by 1.5% and 1.9%, respectively.

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