These Analysts Increase Their Forecasts On Truist Financial Following Upbeat Earnings
Portfolio Pulse from Avi Kapoor
Truist Financial Corporation (NYSE:TFC) reported better-than-expected quarterly earnings, with EPS of 91 cents beating the consensus estimate of 82 cents and sales of $5.018 billion surpassing the $4.805 billion estimate. Following the earnings report, several analysts raised their price targets for TFC.
July 23, 2024 | 1:38 pm
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Truist Financial Corporation reported better-than-expected earnings and sales for the quarter. Analysts have responded positively by raising their price targets, indicating a bullish outlook for the stock.
Truist Financial's better-than-expected earnings and sales figures have led to a series of upward revisions in price targets by analysts. This positive sentiment is likely to drive the stock price higher in the short term.
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