Truist Financial Corporation (TFC) has seen an increase in activity, garnering significant attention from various institutions and earning several important upgrades. Robert W. Baird upgraded the firm to 'Outperform' and 'Strong Buy' citing its strong capital holdings and improved execution. This follows the active engagement of several institutions.
Fisher Asset Management and Novus Advisors have increased their holdings, as has Inceptionr LLC, and Bank of New York Mellon Corp. The firm's
Q4 earnings and revenue topped estimates, contributing to the strong buy sentiment in the market. Furthermore, TFC made it into
UBS' list for the AI, growth, and low rate era, further attesting to its growing market value. Its stock also saw a significant volume in trade options. Despite some institutions selling their shares, the overall sentiment remains bullish. Some analysts speculate the evident strategic updates and strong digital growth and investment banking revenue projections could create more value
Truist Financial Corporation TFC News Analytics from Mon, 15 Jul 2024 07:00:00 GMT to Sat, 08 Mar 2025 19:59:16 GMT -
Rating 6
- Innovation 2
- Information 7
- Rumor -8
