Piper Sandler Maintains Neutral on Truist Finl, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Scott Siefers maintains a Neutral rating on Truist Financial Corp (TFC) and raises the price target from $38 to $41.
May 14, 2024 | 3:42 pm
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POSITIVE IMPACT
Piper Sandler's updated price target for Truist Financial Corp reflects a positive outlook, potentially leading to increased investor interest.
The increase in price target by a reputable analyst firm like Piper Sandler suggests a positive reassessment of Truist Financial Corp's value, which could lead to short-term price appreciation as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100