Piper Sandler Maintains Neutral on Truist Finl, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Stephen Scouten has maintained a Neutral rating on Truist Financial Corporation (NYSE:TFC) but increased the price target from $31 to $34.
December 08, 2023 | 8:40 pm
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Piper Sandler's analyst Stephen Scouten reaffirmed a Neutral rating on Truist Financial Corporation but raised the price target from $31 to $34, indicating a positive outlook on the stock's value.
The increase in price target by Piper Sandler suggests a positive reassessment of Truist Financial's stock value, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100