Stephens & Co. analyst Terry McEvoy upgrades Truist Financial (NYSE:TFC) from Equal-Weight to Overweight and raises the price target from $64 to $68.
October 23, 2:41 PM
Insider buying can be an encouraging signal for potential investors, especially when markets are uncertain or near highs. The initial public offering of a SPAC merger prompted some insider purchases. The chief executive officer of a financial services outfit was among the week's notable buyers.
October 21, 7:56 AM
When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
October 19, 7:37 AM
Truist Financial(NYSE:TFC) stock rose by 0.68% on Monday after the company reported its Q3 earnings results on Friday, October 15, 2021 at 05:45 AM. Here's what investors need to know about the announcement.
October 15, 10:45 AM
Stock futures were pointing to a higher open even before Goldman Sachs (NYSE: GS) reported better than expected earnings.
October 8, 2:47 PM
Big bank earnings season kicks off next week, and one Wall Street analyst took the opportunity on Friday to raise his price targets for some big bank stocks ahead of next week’s headlines. The Analyst: Among his price target changes, Bank of America analyst Ebrahim Poonawala made the following adjustments to his bank stock coverage:
October 5, 6:55 AM
Wolfe Research analyst Bill Carcache downgrades Truist Financial (NYSE:TFC) from Outperform to Underperform and lowers the price target from $71 to $64.