Truist reports second quarter 2024 results
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Truist Financial (TFC) PT Raised to $51 at Argus
July 23, 2024 7:41 AM EDTArgus analyst Stephen Biggar raised the price target on Truist Financial (NYSE: TFC) to $51.00 (from $44.00) while maintaining a Buy rating.
The analyst comments "The company completed the sale of Truist Insurance Holdings in 2Q, resulting in $10.1 billion of cash proceeds. The disposal improved TFCs capital and liquidity in light of expected... More
Truist Financial (TFC) PT Raised to $45 at RBC Capital
July 23, 2024 6:08 AM EDTRBC Capital analyst Gerard Cassidy raised the price target on Truist Financial (NYSE: TFC) to $45.00 (from $42.00) while maintaining a Outperform rating.
The analyst comments "TFC's diversified business model, along with having one of the best positioned banking franchises, delivered strong core 2Q24... More
Truist Financial (TFC) PT Raised to $45 at Wolfe Research
July 22, 2024 4:22 PM EDTWolfe Research analyst Bill Carcache raised the price target on Truist Financial (NYSE: TFC) to $45.00 (from $40.00) while maintaining a Underperform rating.
The analyst comments "Raising Estimates & Price Target. After reporting 2Q24 results and hosting its earnings call this morning, TFC were up ~3%... More
Truist Financial (TFC) PT Raised to $48 at Evercore ISI
July 22, 2024 4:16 PM EDTEvercore ISI analyst John Pancari raised the price target on Truist Financial (NYSE: TFC) to $48.00 (from $44.00) while maintaining a In Line rating.
The analyst comments "Adjusting estimates & TP post 2Q results. Coming out of TFCs 2Q results, we are raising our 2024 EPS est to $3.44 from $3.39. However, we lower our 2025 EPS estimate to $3.91 from $4.00.... More
