Jefferies Maintains Hold on Truist Finl, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Ken Usdin maintains a Hold rating on Truist Financial (TFC) and raises the price target from $40 to $41.
April 08, 2024 | 7:31 pm
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NEUTRAL IMPACT
Jefferies maintains a Hold rating on Truist Financial and raises the price target from $40 to $41.
The adjustment in price target by Jefferies from $40 to $41, while maintaining a Hold rating, suggests a slight positive adjustment in the valuation of Truist Financial. However, the Hold rating indicates that the analyst does not see significant upside or downside in the near term, leading to a neutral impact on the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90