Weekly Investment Analysts’ Ratings Updates for Truist Financial (TFC)

Truist Financial (NYSE: TFC) recently received a number of ratings updates from brokerages and research firms:

  • 5/1/2026 – Truist Financial was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
  • 5/1/2026 – Truist Financial was downgraded by Robert W. Baird from “outperform” to “neutral”. They now have a $55.00 price target on the stock.
  • 4/20/2026 – Truist Financial had its price target raised by Royal Bank Of Canada from $51.00 to $53.00. They now have an “outperform” rating on the stock.
  • 4/20/2026 – Truist Financial had its price target lowered by Morgan Stanley from $63.00 to $62.00. They now have an “overweight” rating on the stock.
  • 4/17/2026 – Truist Financial was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
  • 4/17/2026 – Truist Financial had its “mixed” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $45.00 price target on the stock.
  • 4/7/2026 – Truist Financial had its price target lowered by JPMorgan Chase & Co. from $57.00 to $51.50. They now have a “neutral” rating on the stock.
  • 3/31/2026 – Truist Financial had its price target lowered by Morgan Stanley from $69.00 to $63.00. They now have an “overweight” rating on the stock.
  • 3/26/2026 – Truist Financial is now covered by Jefferies Financial Group Inc.. They set an “underperform” rating and a $35.00 price target on the stock.
  • 3/25/2026 – Truist Financial was upgraded by Jefferies Financial Group Inc. to “moderate sell”.
  • 3/12/2026 – Truist Financial was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
  • 3/9/2026 – Truist Financial was upgraded by Robert W. Baird from “neutral” to “outperform”. They now have a $52.00 price target on the stock.

Truist Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Friday, May 8th will be given a $0.52 dividend. The ex-dividend date of this dividend is Friday, May 8th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 4.2%. Truist Financial’s dividend payout ratio is 51.61%.

Truist Financial Corporation is an American bank holding company that provides a broad range of financial services through its primary subsidiary, Truist Bank, and other operating units. The company offers traditional retail banking products and services such as deposit accounts, consumer and residential mortgage lending, and credit and debit card services. Truist also serves commercial clients with middle-market and corporate lending, treasury and payment solutions, and specialty finance products.

Beyond core banking, Truist operates wealth management, asset management, insurance and capital markets businesses.

Read More

Receive News & Ratings for Truist Financial Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Truist Financial Corporation and related companies with MarketBeat.com's FREE daily email newsletter.