Citigroup Maintains Buy on Truist Finl, Lowers Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Keith Horowitz maintains a Buy rating on Truist Finl (NYSE:TFC) but lowers the price target from $41 to $39.
July 24, 2023 | 2:08 pm
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NEUTRAL IMPACT
Citigroup analyst maintains a Buy rating on Truist Finl but lowers the price target.
Citigroup is mentioned as the entity providing the rating and price target for Truist Finl. This news doesn't directly impact Citigroup's stock but reflects on its market analysis capabilities.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Citigroup maintains a Buy rating on Truist Finl but lowers the price target from $41 to $39.
The news is directly about Truist Finl. While the Buy rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact is likely to be neutral as the Buy rating is still in place.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100