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Matt O"Connor Downgraded (TFC) to Hold and Decreased Target to $48 on, Jan 6th, 2023


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Matt O"Connor of Deutsche Bank, Downgraded "Truist Financial Corporation" (TFC) to Hold and Decreased Target from $61 to $48 on, Jan 6th, 2023.

Matt has made no other calls on TFC in the last 4 months.

There are 8 other peers that have a rating on TFC. Out of the 8 peers that are also analyzing TFC, 4 agree with Matt"s Rating of Hold. Following are those relevant analyst calls for the last 4 months;

Betsy Graseck of "Morgan Stanley" Maintained at Hold with Increased Target to $59 on, Monday, November 21st, 2022
Jason Goldberg of "Barclays" Maintained at Hold with Decreased Target to $57 on, Wednesday, October 19th, 2022
John Pancari of "Evercore ISI Group" Downgraded from Buy to Hold and Decreased Target to $47 on, Wednesday, October 19th, 2022
Dave Rochester of "Compass Point" Maintained at Hold with Decreased Target to $45 on, Friday, October 14th, 2022

These are the ratings of the 4 analyists that currently disagree with Matt;

Mike Mayo of "Wells Fargo" Maintained at Buy with Decreased Target to $57 on, Wednesday, December 14th, 2022
Stephen Scouten of "Piper Sandler" Maintained at Buy with Decreased Target to $53 on, Wednesday, October 19th, 2022
Erika Najarian of "UBS" Maintained at Strong Buy with Decreased Target to $58 on, Wednesday, October 19th, 2022
Gerard Cassidy of "RBC Capital" Maintained at Buy with Decreased Target to $60 on, Wednesday, October 19th, 2022


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