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Truist Financial price target lowered to $50 from $52 at Wells Fargo

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Summary
Nutrition label

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 .

VR Score

85

Informative language

83

Neutral language

69

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formal

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English

Language complexity

41

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not offensive

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short-lived

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