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Truist Financial price target lowered to $41 from $45 at Piper Sandler

Piper Sandler lowered the firm’s price target on Truist Financial (TFC) to $41 from $45 and keeps a Neutral rating on the shares. The firm is simply fine-tuning its EPS estimates following Truist Financial’s Q1 earnings and updated outlook. Specifically, Piper’s 2025 goes from $3.96 to $3.91, though its 2026E EPS remains $4.34.

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