Truist Financial Corporation Surges to 191st in Trading Volume with $411 Million in Shares Traded

Generated by AI AgentAinvest Market Brief
Monday, Apr 28, 2025 7:40 pm ET1min read

On April 28, 2025,

Corporation (TFC) saw a significant increase in trading volume, with a total of $411 million in shares traded, marking a 70.76% rise from the previous day. This surge placed Truist at the 191st position in terms of trading volume for the day. The stock price of Truist Financial Corporation closed at $37.67, reflecting a 1.78% increase.

Evercore ISI has adjusted its price target for Truist Financial, lowering it from $45 to $41 while maintaining an In Line rating. This adjustment comes as the financial holding company continues to operate across three main areas: banking, insurance, and financial services. As of the end of 2023, Truist Bank had a network of 2,001 branches in the United States, with $284.2 billion in current deposits and $312.1 billion in current loans.

Truist Financial Corporation's stock has a consensus rating of "Moderate Buy" with an average target price of $47.83. The company's financial performance and strategic initiatives continue to be closely monitored by analysts and investors alike.

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