Morgan Stanley Maintains Equal-Weight on Truist Finl, Lowers Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck has maintained an Equal-Weight rating on Truist Financial (TFC) but lowered the price target from $42 to $41.
July 21, 2023 | 3:17 pm
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Morgan Stanley has maintained an Equal-Weight rating on Truist Financial but lowered the price target from $42 to $41.
The news is directly about Truist Financial (TFC). Morgan Stanley's decision to maintain an Equal-Weight rating indicates a neutral outlook for the stock. However, the lowering of the price target could potentially have a slight negative impact, as it suggests that the analyst sees less upside potential for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100