Truist Financial (TFC) Receives a Buy from RBC Capital

RBC Capital analyst Gerard Cassidy maintained a Buy rating on Truist Financial on April 17 and set a price target of $53.00. The company’s shares closed last Friday at $50.57.

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According to TipRanks, Cassidy is a 5-star analyst with an average return of 14.5% and a 71.31% success rate. Cassidy covers the Financial sector, focusing on stocks such as JPMorgan Chase, Fifth Third Bancorp, and Goldman Sachs Group.

Currently, the analyst consensus on Truist Financial is a Moderate Buy with an average price target of $55.09, which is an 8.94% upside from current levels. In a report released yesterday, Morgan Stanley also maintained a Buy rating on the stock with a $62.00 price target.

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.