This post was originally published on this site.
Argus raised the firm’s price target on Truist Financial (TFC) to $58 from $54 and keeps a Buy rating on the shares after its Q4 earnings beat. The results showed a positive impact on net interest income from higher earning assets and average deposits while share buybacks remained healthy and credit quality improved, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. >;elm:context_link;itc:0;sec:content-canvas” class=”link “>Try Now>>
>;elm:context_link;itc:0;sec:content-canvas” class=”link “>See Insiders’ Hot Stocks on TipRanks >>
Read More on TFC: