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Barclays Sticks to Its Sell Rating for Truist Financial (TFC)

Tipranks - Thu Apr 2, 4:18AM CDT

In a report released today, Jason Goldberg from Barclays maintained a Sell rating on Truist Financial, with a price target of $56.00.

End of Quarter Sale - 50% Off TipRanks

According to TipRanks, Goldberg is a 5-star analyst with an average return of 12.8% and a 64.91% success rate. Goldberg covers the Financial sector, focusing on stocks such as JPMorgan Chase, Bank of America, and Regions Financial.

In addition to Barclays, Truist Financial also received a Sell from Jefferies’s David Chiaverini in a report issued on March 26. However, today, TipRanks – xAI reiterated a Hold rating on Truist Financial (NYSE: TFC).

Based on Truist Financial’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $7.66 billion and a net profit of $1.35 billion. In comparison, last year the company earned a revenue of $7.65 billion and had a net profit of $1.28 billion

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TFC in relation to earlier this year. Most recently, in February 2026, Cynthia B. Powell, the Corp. Controller & CAO of TFC sold 3,500.00 shares for a total of $183,715.00.

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