HSBC Maintains Hold on Truist Finl, Raises Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Saul Martinez maintains a Hold rating on Truist Financial (TFC) and raises the price target from $37 to $39.
March 28, 2024 | 9:57 am
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POSITIVE IMPACT
HSBC analyst Saul Martinez maintains a Hold rating on Truist Financial and raises the price target from $37 to $39.
The increase in the price target by HSBC suggests a positive outlook on the stock's future performance, potentially leading to a short-term increase in its stock price. However, the Hold rating indicates that the stock might not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100