Raymond James Upgrades Truist Finl to Outperform, Announces $36 Price Target
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Michael Rose has upgraded Truist Finl (NYSE:TFC) from Market Perform to Outperform and set a price target of $36.
July 06, 2023 | 10:45 am
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POSITIVE IMPACT
Truist Finl has been upgraded to Outperform by Raymond James with a price target of $36.
The upgrade from Raymond James is a positive signal for Truist Finl. It indicates that the analyst believes the company's stock will outperform the market. The price target of $36 also suggests that the analyst sees potential for the stock's price to increase. This could lead to a positive short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100