Morgan Stanley Remains a Buy on Truist Financial (TFC)

Morgan Stanley analyst Manan Gosalia maintained a Buy rating on Truist Financial yesterday and set a price target of $62.00.

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According to TipRanks, Gosalia is a 4-star analyst with an average return of 8.1% and a 58.37% success rate. Gosalia covers the Financial sector, focusing on stocks such as Fifth Third Bancorp, Wells Fargo, and PNC Financial.

In addition to Morgan Stanley, Truist Financial also received a Buy from Raymond James’s Michael Rose in a report issued on April 8. However, today, Barclays maintained a Sell 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.