Shares of Truist Financial moved into positive territory after Insurance Insider reported Stone Point and Clayton Dubilier & Rice are near a deal to acquire Truist Insurance for $15B and that an announcement could be made in the coming days.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on TFC:
- Truist Financial price target raised to $43 from $38 at Morgan Stanley
- Truist declares common and preferred stock dividends
- Truist Financial price target raised to $42 from $40 at RBC Capital
- Truist Financial price target raised to $45 from $43 at BofA
- Truist Financial price target raised to $38 from $37 at Piper Sandler