Stephens & Co. Maintains Equal-Weight on Truist Finl, Lowers Price Target to $37
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Terry McEvoy maintains an Equal-Weight rating on Truist Finl (NYSE:TFC) and lowers the price target from $40 to $37.

July 24, 2023 | 12:36 pm
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NEGATIVE IMPACT
The price target for Truist Finl (TFC) has been lowered from $40 to $37 by Stephens & Co. The rating remains at Equal-Weight.
The lowering of the price target by Stephens & Co. indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price. The maintained Equal-Weight rating suggests that the stock is expected to perform in line with the sector or the market, which does not provide a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100