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