Citigroup Reiterates Buy on Truist Finl, Lowers Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Keith Horowitz has reiterated a Buy rating on Truist Finl (NYSE:TFC) but lowered the price target from $48 to $46.

June 09, 2023 | 4:50 pm
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Citigroup analyst Keith Horowitz reiterated a Buy rating on Truist Finl (NYSE:TFC) and lowered the price target from $48 to $46.
The news of Citigroup reiterating a Buy rating on Truist Finl (NYSE:TFC) is positive for the stock, indicating that the analyst still believes in the company's potential. However, the lowering of the price target from $48 to $46 may create some uncertainty among investors, potentially offsetting the positive impact of the Buy rating. Therefore, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100