Truist names Steve Hagerman chief information officer

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Wolfe Research Upgrades Truist Financial (TFC) to Peerperform

August 9, 2024 4:53 AM EDT

Wolfe Research analyst Bill Carcache upgraded Truist Financial (NYSE: TFC) from Underperform to Peerperform.

The analyst comments "Our Cautious Stance Is No Longer Warranted. While TFC shares have underperformed the KBE by ~17% / ~21% / ~29% / ~41% over the last 2Y / 3Y / 5Y / 10Y periods,... More