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

From Yahoo Finance: 2025-03-29 10:25:00

Wells Fargo analyst Mike Mayo lowered Truist Financial’s price target to $50 from $52, citing Q1 earnings preview and policy uncertainties. Estimates reduced by 4% for Q1 and 2% through 2027 due to a “degree of paralysis” from policy uncertainty. Citi and JPMorgan remain top picks. The firm is bullish on the sector for the next year.



Read more at Yahoo Finance: Truist Financial price target lowered to $50 from $52 at Wells Fargo