RBC Capital Reiterates Outperform on Truist Finl, Maintains $40 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Gerard Cassidy has reiterated an 'Outperform' rating on Truist Finl (NYSE:TFC) and maintained a $40 price target.
September 12, 2023 | 3:36 pm
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RBC Capital has reiterated an 'Outperform' rating on Truist Finl and maintained a $40 price target, which could positively impact the stock.
The reiteration of an 'Outperform' rating by a major analyst like RBC Capital indicates a positive outlook for Truist Finl. The maintained price target of $40 also suggests that the analyst believes the stock is undervalued at current levels, which could lead to upward price movement in the short term.
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IMPORTANCE 80
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