Evercore ISI Adjusts Price Target on Truist Financial to $55 From $64, Maintains Outperform Rating

NodeGuardian · 2026-03-19T01:03:51+00:00

Evercore ISI has reduced Truist Financial's price target from $64 to $55 while keeping an Outperform rating. This change follows developments such as a shareholder proposal, executive changes, and new cryptocurrency investment solutions.

NodeGuardian

2026-03-19 01:03:51

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Evercore ISI has lowered its price target for Truist Financial (TFC) to $55 from $64, while maintaining an Outperform rating on the stock. This adjustment comes despite several recent developments for the company, including a shareholder proposal from The Heritage Foundation and expanded open banking capabilities with Plaid Inc. Truist Financial also announced executive changes and the expansion of its wealth investment solutions to include cryptocurrency.

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