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Analysts Offer Insights on Financial Companies: Truist Financial (TFC) and Robinhood (HOOD)

Tipranks - Wed Jul 1, 4:38AM CDT

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Truist Financial (TFC) and Robinhood (HOOD).

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Truist Financial (TFC)

According to TipRanks.com, Gerlinger is a 5-star analyst with an average return of 14.6% and a 76.0% success rate. Gerlinger covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Pinnacle Financial Partners, and First Citizens BancShares. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Truist Financial with a $54.46 average price target, an 8.6% upside from current levels. In a report issued on June 15, TipRanks – Anthropic also reiterated a Hold rating on the stock with a $54.00 price target.

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Robinhood (HOOD)

In a report released yesterday, Gautam Chhugani from Bernstein maintained a Buy rating on Robinhood, with a price target of $130.00. The company’s shares closed last Monday at $101.83.

According to TipRanks.com, Chhugani is a 5-star analyst with an average return of 27.8% and a 42.2% success rate. Chhugani covers the Financial sector, focusing on stocks such as Figure Technology Solutions, Inc. Class A, SharpLink Gaming, and Coinbase Global. ;'>

Currently, the analyst consensus on Robinhood is a Strong Buy with an average price target of $104.12, a 3.4% upside from current levels. In a report released yesterday, BTIG also initiated coverage with a Buy rating on the stock with a $125.00 price target.

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