Citigroup Maintains Buy on Truist Finl, Lowers Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Keith Horowitz maintains a Buy rating on Truist Finl (NYSE:TFC) but lowers the price target from $43 to $41.
July 12, 2023 | 5:24 pm
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NEUTRAL IMPACT
Citigroup analyst maintains a Buy rating on Truist Finl but lowers the price target.
The news is related to Citigroup as it's their analyst who has given the rating and price target. However, as this is part of their regular operations, the impact on Citigroup's stock is likely to be minimal.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Citigroup maintains a Buy rating on Truist Finl but lowers the price target from $43 to $41.
The news is directly related to Truist Finl (TFC). While the maintained Buy rating is positive, the lowered price target might have a neutral to slightly negative impact on the stock in the short term as it indicates a lower future valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100