Evercore ISI analyst John Pancari upgraded Truist Financial (TFC) to Outperform from In Line with a price target of $58, up from $49. The firm is “incrementally constructive” on the regional banks heading into 2026. Regional bank fundamentals are “poised to strengthen” as sales growth accelerates and earnings growth nears double digits, the analyst tells investors in a research note. Evercore names Truist its top value play amid the super regionals. It cites improving fundamentals for the upgrade.
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