Wells Fargo Downgrades Truist Financial
This is a news story, published by Yahoo Finance, that relates primarily to Wells Fargo news.
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Q1 earnings previewTipRanks
•Business
Business & Economics
Truist Financial price target lowered to $50 from $52 at Wells Fargo

85% Informative
Wells Fargo lowered the firm’s price target on Truist Financial (TFC) to $ 50 from $ 52 and keeps an Overweight rating on the shares.
The firm is bullish on the sector on a one-year view citing the “biggest deregulation in three decades ,” but note that Q1 outlooks “may be tricky” given policy uncertainties.
Wells reduced estimates by 4% for Q1 and 2% through 2027 .
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