Truist Financial (TFC) – Research Analysts’ Recent Ratings Changes

by · The Markets Daily

Several analysts have recently updated their ratings and price targets for Truist Financial (NYSE: TFC):

  • 7/8/2026 – Truist Financial had its “neutral” rating reaffirmed by Bank of America Corporation. They now have a $56.00 price target on the stock, up from $54.00.
  • 7/7/2026 – Truist Financial was downgraded by UBS Group AG from “buy” to “neutral”. They now have a $55.00 price target on the stock, down from $58.00.
  • 7/6/2026 – Truist Financial had its “outperform” rating reaffirmed by Evercore Inc. They now have a $57.00 price target on the stock.
  • 7/6/2026 – Truist Financial had its “equal weight” rating reaffirmed by Morgan Stanley. They now have a $54.00 price target on the stock, down from $62.00.
  • 7/1/2026 – Truist Financial had its “market perform” rating reaffirmed by Raymond James Financial, Inc..
  • 6/30/2026 – Truist Financial was downgraded by Citigroup Inc. from “buy” to “neutral”. They now have a $54.00 price target on the stock, down from $63.00.
  • 6/29/2026 – Truist Financial was downgraded by Wall Street Zen from “hold” to “sell”.
  • 6/21/2026 – Truist Financial was upgraded by Wall Street Zen from “sell” to “hold”.
  • 6/15/2026 – Truist Financial is now covered by Stephens. They set an “overweight” rating and a $59.00 price target on the stock.
  • 6/13/2026 – Truist Financial was downgraded by Wall Street Zen from “hold” to “sell”.
  • 5/23/2026 – Truist Financial was upgraded by Wall Street Zen from “sell” to “hold”.

Truist Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 8th were issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Friday, May 8th. 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.

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