Morgan Stanley Maintains Equal-Weight on Truist Finl, Maintains $43 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck maintains an Equal-Weight rating on Truist Financial (TFC) with a $43 price target, indicating a neutral outlook on the stock.
April 22, 2024 | 5:32 pm
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Morgan Stanley maintains an Equal-Weight rating on Truist Financial with a $43 price target, suggesting a neutral short-term outlook.
The maintenance of an Equal-Weight rating and a $43 price target by Morgan Stanley indicates a neutral stance towards Truist Financial's stock. This suggests that the analyst sees the stock as fairly valued at its current price, implying no significant short-term price movement is expected.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100