NYSE:TFCBanks
A Look At Truist Financial (TFC) Valuation After Morgan Stanley Upgrade And Buyback Expectations
Morgan Stanley’s upgrade of Truist Financial (TFC) has put fresh attention on the stock, with the firm pointing to an estimated US$14.6b in excess capital and a more active buyback outlook.
See our latest analysis for Truist Financial.
Despite the recent analyst upgrade and news around leadership hires, Truist Financial’s 1-day share price return of 4.25% and 7-day share price return of 5.75% show some investors reassessing the near term. At the same time, a 90-day share price return of 5.88%...