Citigroup Maintains Buy on Truist Finl, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Keith Horowitz has maintained a Buy rating on Truist Financial Corporation (TFC) and increased the price target from $42 to $45.
April 24, 2024 | 6:02 pm
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POSITIVE IMPACT
Citigroup has reaffirmed its Buy rating on Truist Financial Corporation and raised the price target from $42 to $45.
The upgrade in the price target by a reputable analyst like Keith Horowitz from Citigroup is a strong positive signal to the market, indicating a bullish outlook on TFC's stock. This is likely to influence investor sentiment positively and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100