Truist's Price Target Soars to $262: A Closer Look at the Factors Driving Growth

Truist Financial Corporation (NYSE: TFC) has seen a significant boost in its price target, with analysts raising it to $262 from the previous $233. This increase reflects the company's strong performance and growth prospects, driven by several key factors. Let's delve into the primary drivers behind Truist's revenue and earnings growth and explore how these factors influence the company's ability to meet or exceed the new price target.