On 11/6/24, Truist Financial Corp (NYSE: TFC) stock enjoyed a major increase of 11.1%, closing at $47.00. Moreover, exceptionally high trading volume at 423% of normal accompanied the advance. The stock has risen 9.1% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, TFC is expected to continue to be an important Value Builder.
Truist Financial has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Truist Financial has a good Power Rating of 82 and a good Appreciation Score of 83, triggering the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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