B of A Securities Upgrades Truist Finl to Buy, Announces $43 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ebrahim Poonawala has upgraded Truist Financial Corporation (NYSE:TFC) from Neutral to Buy and set a price target of $43.
January 04, 2024 | 12:12 pm
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Truist Financial Corporation (TFC) has been upgraded by B of A Securities from Neutral to Buy with a price target of $43.
Upgrades by analysts, especially from neutral to buy, can lead to increased investor confidence and potential short-term price appreciation. The new price target of $43 suggests a positive outlook for TFC's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100