Barclays Reinstates Equal-Weight on Truist Finl, Announces $43 Price Target
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jason Goldberg has reinstated an Equal-Weight rating on Truist Financial (NYSE:TFC) and announced a price target of $43.
May 16, 2024 | 2:39 pm
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Barclays analyst Jason Goldberg has reinstated an Equal-Weight rating on Truist Financial (NYSE:TFC) and set a price target of $43.
The reinstatement of an Equal-Weight rating and the announcement of a $43 price target by Barclays is a neutral signal for Truist Financial. It suggests that the stock is expected to perform in line with the market. The price target provides a specific valuation benchmark for investors.
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