Raymond James upgraded Truist Financial (TFC) to Outperform from Market Perform with a $50 price target The upgrade reflects Truist’s positive tone at an intra-quarter investor conference where it voiced confidence in its low-single-digit loan growth outlook and noted improved activity and sentiment in its investment bank following a significant revision to its 2025 outlook with Q1 earnings, the analyst tells investors in a research note. The firm now sees a positive risk-reward dynamic for Truist shares.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TFC:
- Truist Financial price target raised to $47 from $43 at Morgan Stanley
- Amazon Stock (AMZN) Gets a Price Target Boost Ahead of Earnings
- Truist Financial announces 2.5% preliminary stress capital buffer requirement
- Goldman Sachs ‘the big winner’ of 2025 stress test, says Citi
- Dutch Bros, Equinix, Centrus, Truist, Amcor: Trending by Analysts