RBC Capital Maintains Outperform on Truist Finl, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Gerard Cassidy has maintained an Outperform rating on Truist Financial Corporation (NYSE:TFC) and increased the price target from $40 to $42.
January 19, 2024 | 2:03 pm
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POSITIVE IMPACT
RBC Capital has reaffirmed Truist Financial Corporation's Outperform rating and raised the price target from $40 to $42, indicating a positive outlook on the stock.
The increase in price target by RBC Capital suggests a positive sentiment towards Truist Financial Corporation's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100