Morgan Stanley Reiterates Equal-Weight on Truist Finl, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck reiterated an Equal-Weight rating on Truist Finl (NYSE:TFC) and raised the price target from $41 to $42.
June 26, 2023 | 1:50 pm
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Morgan Stanley analyst Betsy Graseck reiterated an Equal-Weight rating on Truist Finl (NYSE:TFC) and raised the price target from $41 to $42.
The news of Morgan Stanley reiterating an Equal-Weight rating on Truist Finl and raising the price target from $41 to $42 indicates that the analyst sees potential in the stock but does not expect significant outperformance in the short term. This is likely to have a neutral impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100