Truist Financial Corp has a consensus price target of $41.84, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Stephens & Co., Compass Point, and Morgan Stanley on April 23, 2024, April 23, 2024, and April 22, 2024. With an average price target of $42.67 between Stephens & Co., Compass Point, and Morgan Stanley, there's an implied 9.85% upside for Truist Financial Corp from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/23/2024 | TFC | Buy Now | Truist Finl | $38.84 | 10.71% | Stephens & Co. | Terry McEvoy | → $43 | Reiterates | Overweight → Overweight | Get Alert |
04/23/2024 | TFC | Buy Now | Truist Finl | $38.84 | 8.14% | Compass Point | David Rochester | $34 → $42 | Upgrade | Neutral → Buy | Get Alert |
04/22/2024 | TFC | Buy Now | Truist Finl | $38.84 | 10.71% | Morgan Stanley | Betsy Graseck | $43 → $43 | Maintains | Equal-Weight | Get Alert |
04/08/2024 | TFC | Buy Now | Truist Finl | $38.84 | 5.56% | Jefferies | Ken Usdin | $40 → $41 | Maintains | Hold | Get Alert |
04/05/2024 | TFC | Buy Now | Truist Finl | $38.84 | 15.86% | Keefe, Bruyette & Woods | David Konrad | $44 → $45 | Maintains | Outperform | Get Alert |
04/05/2024 | TFC | Buy Now | Truist Finl | $38.84 | 26.16% | UBS | Erika Najarian | $45 → $49 | Maintains | Buy | Get Alert |
03/28/2024 | TFC | Buy Now | Truist Finl | $38.84 | 15.86% | Wells Fargo | Mike Mayo | $39 → $45 | Maintains | Overweight | Get Alert |
03/28/2024 | TFC | Buy Now | Truist Finl | $38.84 | 0.41% | HSBC | Saul Martinez | $37 → $39 | Maintains | Hold | Get Alert |
03/19/2024 | TFC | Buy Now | Truist Finl | $38.84 | 10.71% | Stephens & Co. | Terry McEvoy | $41 → $43 | Upgrade | Equal-Weight → Overweight | Get Alert |
01/30/2024 | TFC | Buy Now | Truist Finl | $38.84 | 10.71% | Morgan Stanley | Betsy Graseck | $38 → $43 | Maintains | Equal-Weight | Get Alert |
01/19/2024 | TFC | Buy Now | Truist Finl | $38.84 | -2.16% | Piper Sandler | Scott Siefers | $37 → $38 | Maintains | Neutral | Get Alert |
01/19/2024 | TFC | Buy Now | Truist Finl | $38.84 | 8.14% | RBC Capital | Gerard Cassidy | $40 → $42 | Maintains | Outperform | Get Alert |
01/19/2024 | TFC | Buy Now | Truist Finl | $38.84 | 13.29% | Keefe, Bruyette & Woods | David Konrad | $42 → $44 | Maintains | Outperform | Get Alert |
01/09/2024 | TFC | Buy Now | Truist Finl | $38.84 | 2.99% | Jefferies | Ken Usdin | $28 → $40 | Maintains | Hold | Get Alert |
01/05/2024 | TFC | Buy Now | Truist Finl | $38.84 | 5.56% | Raymond James | Michael Rose | $34 → $41 | Maintains | Outperform | Get Alert |
01/04/2024 | TFC | Buy Now | Truist Finl | $38.84 | 10.71% | B of A Securities | Ebrahim Poonawala | → $43 | Upgrade | Neutral → Buy | Get Alert |
01/02/2024 | TFC | Buy Now | Truist Finl | $38.84 | 8.14% | Barclays | Jason Goldberg | $40 → $42 | Maintains | Equal-Weight | Get Alert |
12/14/2023 | TFC | Buy Now | Truist Finl | $38.84 | 4.15% | Odeon Capital | Dick Bove | → $40.45 | Upgrade | Hold → Buy | Get Alert |
12/08/2023 | TFC | Buy Now | Truist Finl | $38.84 | -12.46% | Piper Sandler | Stephen Scouten | $31 → $34 | Maintains | Neutral | Get Alert |
The latest price target for Truist Finl (NYSE: TFC) was reported by Stephens & Co. on April 23, 2024. The analyst firm set a price target for $43.00 expecting TFC to rise to within 12 months (a possible 10.71% upside). 56 analyst firms have reported ratings in the last year.
The latest analyst rating for Truist Finl (NYSE: TFC) was provided by Stephens & Co., and Truist Finl reiterated their overweight rating.
The last upgrade for Truist Financial Corp happened on April 23, 2024 when Compass Point raised their price target to $42. Compass Point previously had a neutral for Truist Financial Corp.
The last downgrade for Truist Financial Corp happened on September 15, 2023 when Piper Sandler changed their price target from $36 to $32 for Truist Financial Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Truist Finl, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Truist Finl was filed on April 23, 2024 so you should expect the next rating to be made available sometime around April 23, 2025.
While ratings are subjective and will change, the latest Truist Finl (TFC) rating was a reiterated with a price target of $0.00 to $43.00. The current price Truist Finl (TFC) is trading at is $38.84, which is within the analyst’s predicted range.
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