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Truist Financial Corporation (TFC-PO)

NYSE - Nasdaq Real Time Price. Currency in USD

22.71

-0.08

(-0.35%)

At close: 03:59PM EST

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Amgen's Obesity Candidate MariTide Must Mitigate Tolerability Issues to Compete with Blockbuster Tirzepatide, Truist Says
Amgen's (AMGN) investigational drug MariTide is a good opportunity for the company to enter the obes
TipRanks
Truist Financial price target raised to $51 from $47 at Citi
Citi analyst Keith Horowitz raised the firm’s price target on Truist Financial (TFC) to $51 from $47 and keeps a Neutral rating on the shares. The firm believes Truist’s cost of equity will support peak multiples in the near term. The underlying story at Truist skews positive given its strong capital position and presence in attractive markets that are poised to benefit from a rebound in loan demand, the analyst tells investors in a research note. However, Citi remains cautious on the timing for