Barclays Maintains Equal-Weight on Truist Finl, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jason Goldberg has maintained an Equal-Weight rating on Truist Financial Corporation (NYSE:TFC) and increased the price target from $40 to $42.
January 02, 2024 | 12:12 pm
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Barclays has maintained an Equal-Weight rating on Truist Financial Corporation (TFC) and raised the price target from $40 to $42.
The increase in price target by Barclays reflects a positive outlook on TFC's valuation, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100