Evercore ISI raised the firm’s price target on Truist Financial (TFC) to $64 from $58 and keeps an Outperform rating on the shares. The firm is updating its price targets for Regional Banks under its coverage following Q4 results, the analyst tells investors.
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 raises $2.85 billion in new notes
- Truist Financial price target raised to $58 from $54 at Argus
- Truist Financial price target raised to $60 from $59 at TD Cowen
- Truist Financial price target raised to $53 from $50 at Piper Sandler
- Truist Financial’s Earnings Call Maps Path to Higher Returns
