Truist Financial price target lowered to $43 from $52 at Argus

TipRanks

Tue, Apr 22, 2025, 9:20 AM 1 min read

Argus lowered the firm’s price target on Truist Financial (TFC) to $43 from $52 and keeps a Buy rating on the shares following the Q1 results. The company reduced its 2025 guidance, now calling for revenues to rise 1.5%-2.5% versus 3.0%-3.5% previously, amid an expected tougher environment for investment banking and wealth management revenues, the analyst tells investors in a research note. Argus believes Truist shares remain attractively valued.

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