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.
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