BankUnited Names Commercial Banking Regional Market Leader for the Tampa Bay Area – Company Announcement
BankUnited Inc. has appointed Tony Coley as Senior Vice President, Commercial Banking Market Leader for the Tampa Bay region. Coley, a 30-year banking veteran, will lead the commercial teams to grow BankUnited's portfolio and expand its presence in the area. His extensive experience includes leadership roles at Seacoast Bank and Truist Bank, and he is recognized for his community involvement.
Truist raises target for Easterly Government Properties stock
Truist Financial has raised its price target for Easterly Government Properties (DEA) stock from USD 24.00 to USD 26.00. This comes as the company reported a 9.80% year-over-year increase in Q2 2026 revenue to USD 92.42 million, with adjusted earnings per share matching consensus estimates. Despite the raised target, the average 12-month target from seven brokerages remains cautious at USD 25.06, reflecting four Hold, two Buy, and one Sell rating.
Truist cuts Vornado Realty Trust stock target from USD 39.00 to USD 35.00
Truist has lowered its price target for Vornado Realty Trust (VNO) from $39.00 to $35.00 while maintaining a Hold rating. This adjustment is due to higher interest rates and significant debt maturities, despite an increase in the 2026 normalized funds from operations estimate. Vornado's second-quarter revenue was up, and New York office occupancy and leasing activity showed positive operational signs.
Public Storage stock gets a Buy rating at a USD 317 target
Truist Financial initiated coverage on Public Storage (PSA) with a Buy rating and a USD 317 price target, which is 12.5% above its October 5 trading price of USD 281.86. Despite this, the broader analyst consensus from MarketBeat indicates a "Hold" with an average target of USD 325.11, while the company reported mixed Q2 2026 results with revenue of USD 1.23 billion and EPS of USD 4.17. Public Storage also declared a USD 3.00 quarterly dividend payable on October 6, 2026, positioning the stock as an income-oriented REIT, although its share price remains 16% below its yearly high.
Jacobs Solutions (NYSE:J) Given New $160.00 Price Target at Truist Financial
Truist Financial has reduced its price target for Jacobs Solutions (NYSE:J) from $161.00 to $160.00, while maintaining a "hold" rating, suggesting a potential upside of 14.55%. Other analysts have also adjusted their ratings, with a consensus of "Moderate Buy" and a target price of $154.80. The company recently reported strong earnings, beating analyst estimates, and saw insider selling by President Patrick Hill.
Jackson v. Truist Bank: Court Rejects FCRA Claim Based on “Invisible” Metro 2 Codes
This article reports on a court decision in the case of Jackson v. Truist Bank, where an FCRA claim was rejected. The claim was based on "invisible" Metro 2 codes, and the court's ruling has implications for credit reporting and compliance within the accounts receivable management industry. Access to the full details of the decision is restricted to logged-in members of ACA International.
Range Resources (NYSE:RRC) Price Target Cut to $43.00 by Analysts at Truist Financial
Truist Financial has reduced its price target for Range Resources (NYSE:RRC) from $45.00 to $43.00, while maintaining a "hold" rating, suggesting a potential upside of 10.55%. The company currently has a consensus "Hold" rating and an average target price of $44.00 from various analysts. Despite the price target cut, Range Resources exceeded quarterly earnings and revenue expectations, although revenue saw a slight year-over-year decline.
CRH (NYSE:CRH) Sets New 52-Week Low Following Analyst Downgrade
CRH (NYSE:CRH) shares recently hit a new 52-week low of $80.21 after Truist Financial downgraded its price target from $130 to $105, while maintaining a "buy" rating. Despite this, the company still holds an average "Buy" rating and a consensus price target of $134.19 among analysts. CRH also reported strong quarterly earnings, beating estimates with an EPS of $2.21 and a revenue increase of 5.6% year-over-year to $10.78 billion.
UBS Adjusts Price Target on Truist Financial to $50 From $55, Keeps Neutral Rating
UBS has adjusted its price target for Truist Financial (TFC) to $50, down from $55, while maintaining a neutral rating on the stock. This update reflects a change in analyst expectations for the financial institution. Other recent analyst actions on Truist Financial include Evercore ISI adjusting their target to $54 and JPMorgan to $50.50.
Truist Securities Adjusts Vulcan Materials Price Target to $320 From $360, Maintains Buy Rating
Truist Securities has revised its price target for Vulcan Materials (VMC) to $320, down from $360, while reiterating a Buy rating on the stock. This adjustment reflects a moderated outlook but maintains a positive stance on the construction materials company. The article also notes other recent analyst adjustments for Vulcan Materials from firms like Wells Fargo, Stephens, Citigroup, Jefferies & Co, and BNP Paribas.
PNC Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
The PNC Financial Services Group, Inc. is set to release its third-quarter earnings report on October 15, with analysts expecting higher earnings per share and revenue compared to the previous year. Ahead of the earnings call, several analysts have revised their forecasts for PNC, with some maintaining Outperform or Buy ratings while others have a Hold rating, and most adjusting price targets. PNC recently declared a quarterly cash dividend of $2.00 per share, and its shares closed at $221.03 on Friday.
Truist sets Hold rating on Simon Property Group stock
Truist Financial has initiated coverage on Simon Property Group (SPG) with a Hold rating and a USD 215.00 price target. This target is below the broader analyst consensus of USD 227.64. The company's revenue increased by 19.50% to USD 1.79 billion in Q2 2026, surpassing estimates, but earnings per share of USD 1.49 missed the USD 1.64 consensus.
Truist Cuts Price Target on Illinois Tool Works to $297 From $308, Keeps Hold Rating
Truist has lowered its price target for Illinois Tool Works (ITW) to $297 from $308, while maintaining a Hold rating on the stock. This adjustment reflects a revised outlook from the analyst firm. The article also lists other recent analyst actions and company news for Illinois Tool Works, including dividend announcements and share buyback authorizations.
Truist cuts target for Camden Property Trust stock to USD 108
Truist Financial has lowered its price target for Camden Property Trust (CPT) to $108 from $123, while maintaining a Buy rating. This new target is below the broader analyst consensus of $115.35. The adjustment follows Camden reporting Q2 2026 revenue that beat estimates but earnings per share that missed expectations, highlighting a cautious valuation split among analysts despite the company's strong portfolio and revenue growth.
Heritage Insurance Holdings stock gets a USD 42 price target
Heritage Insurance Holdings (HRTG) has received a reaffirmed Buy rating and a $42.00 price target from Truist, a significant premium over its October 2, 2026 price of $33.99. This comes after the company reported strong Q2 earnings, beating EPS and revenue estimates. While the Truist target is higher, the consensus from five analysts remains a Buy with an average target of $36.50.
Truist Raises Price Target on CNH Industrial to $17 From $15, Keeps Buy Rating
Truist has increased its price target for CNH Industrial (CNHI) from $15 to $17, while maintaining a "Buy" rating on the stock. This adjustment reflects a more optimistic outlook by the firm on the company's future performance. CNH Industrial is an equipment and services company specializing in agricultural and construction machinery.
Brixmor Property Group stock gets a Buy rating and USD 31 target
Truist Financial initiated coverage of Brixmor Property Group (BRX) with a Buy rating and a $31.00 price target, representing a 13.2% upside from its October 2nd price. This comes after the company reported mixed Q2 2026 results with a 4.3% revenue increase but an EPS miss, though its full-year 2026 EPS guidance of $2.35-$2.37 aligns with analyst expectations. Brixmor is set to release its Q3 results on October 26, 2026.
Truist cuts Kimco Realty stock target to USD 24.00
Truist has lowered its price target for Kimco Realty (ISIN US49446R1095) to USD 24.00 from USD 25.00, while maintaining a Hold rating. This adjustment comes despite Kimco Realty reporting a 4.90% increase in Q2 2026 revenue to USD 550.80 million and raising its quarterly dividend. The company is set to release its Q3 2026 earnings on October 29, 2026.
Scotiabank Weighs in on Xcel Energy FY2026 Earnings
Scotiabank analysts estimate Xcel Energy will report FY2026 EPS of $4.12 and FY2027 EPS of $4.47, maintaining a "Strong Buy" rating. The consensus among analysts for Xcel Energy is a "Buy" rating with an average price target of $91.65. The company recently reported quarterly EPS of $0.93, surpassing estimates, and declared a quarterly dividend of $0.5925 per share.
Truist targets Armstrong World Industries stock at USD 230.00
Truist Financial has set a price target of USD 230.00 for Armstrong World Industries (AWI) stock, exceeding the average analyst target of USD 213.25. The company reported strong second-quarter 2026 revenue of USD 472.00 million, an 11.20% increase year-over-year, and provided fiscal 2026 earnings guidance of USD 8.30-8.50 per share. This target is significant given AWI's 52-week stock range, making its earnings outlook crucial for valuation.
Simon Property Group stock gets a new Hold rating from Truist
Truist Financial has initiated coverage on Simon Property Group (SPG) with a Hold rating and a $215 price target, following the company's Q2 2026 revenue of $1.79 billion, up 19.5% year-over-year. While real estate FFO exceeded consensus, adjusted EPS missed estimates by $0.15. The stock closed at $200.95 on October 2, 2026, and the rating reflects a combination of resilient operating figures and ongoing valuation debates among analysts.
Truist Financial stock heads into Q3 earnings at USD 46.45
Truist Financial stock is trading at $46.45 as it approaches its Q3 earnings report on October 16, 2026. The bank's Q2 diluted EPS of $1.23 surpassed consensus by $0.15, with revenue reaching $5.31 billion, up 5.5% from the previous year. Analysts maintain a "Hold" consensus with an average target price of $55.25, suggesting potential upside from its current price.
Marriott Vacations Worldwide (VAC) Stock Sees Modest Fair Value Lift After Analyst Target Split
Marriott Vacations Worldwide (VAC) has seen its fair value increase from US$118.45 to US$123.30, following a split in analyst price targets. While some firms like Goldman Sachs and Deutsche Bank have raised their targets, citing strong performance and growth initiatives, others such as Morgan Stanley and Wells Fargo maintain "Underweight" ratings due to concerns about valuations outpacing fundamentals. The varied analyst views highlight different interpretations of the company's recent results and future prospects.
EOG Resources stock gets a higher Truist target ahead of results
Truist Financial has raised its price target for EOG Resources (EOG) to USD 160 from USD 153, maintaining a Hold rating. This adjustment comes ahead of EOG's next quarterly report, with the new target representing a 13.17% upside from its October 2, 2026 closing price of USD 141.38. The company reported strong Q2 2026 results, with revenue up 57.4% and adjusted EPS exceeding consensus, providing fundamental support for the analyst's valuation.
Truist Financial Corporation (TFC-PR) Stock Price, News, Quote & History
This page provides comprehensive financial information for Truist Financial Corporation (TFC-PR), a regional bank. It includes real-time stock price, historical data, company overview, recent news, performance metrics, earnings trends, and key financial statistics. The company offers a wide range of banking and trust services across the Southeastern and Mid-Atlantic United States.
Viking Therapeutics stock faces dilution after USD 575.0 million raise
Viking Therapeutics recently completed a $575.0 million stock and convertible-note offering to fund its pipeline, including VK2735 and VK3019. This financing, which closed on September 28, 2026, has led to stock dilution, with shares trading below the offering price. Despite this, positive maintenance data for VK2735, showing significant weight loss retention with flexible dosing, and strong analyst price targets suggest potential future growth for the company.
Acadia Realty Trust stock gets a Hold upgrade from Wall Street Zen
Acadia Realty Trust (AKR) received a "Hold" upgrade from Wall Street Zen, moving from a previous "Sell" rating. This upgrade contrasts with the broader "Moderate Buy" consensus from other analysts, which includes five "Buy" and two "Hold" ratings, with an average price target of USD 23.80. The company's recent Q2 2026 results showed revenue beating estimates but EPS falling short, highlighting a fragile setup despite a positive outlook from Truist due to limited retail supply and high occupancy.
Analysts Offer Insights on Financial Companies: Wells Fargo (WFC) and Blue Owl Capital (OBDC)
Analysts have provided varied insights on Wells Fargo (WFC) and Blue Owl Capital (OBDC). JPMorgan and Evercore ISI lowered Wells Fargo's price target, while Truist raised it. Additionally, the article notes recent actions by Wells Fargo concerning credit facilities for AI expansion and renewed agreements.
ASGN stock falls 5.36 percent despite Q2 earnings beat
ASGN's stock fell 5.36% to USD 34.25 on October 2, 2026, despite beating Q2 adjusted EPS consensus with USD 0.91 and securing a USD 148 million defense contract. Analyst opinions are divided, with some downgrading to hold while others increased price targets, reflecting a tension between federal contract visibility and declining commercial revenue. The stock remains significantly below its 52-week high, with its next earnings report due on October 28, 2026.
RBC Capital Reaffirms Their Buy Rating on Agree Realty (ADC)
RBC Capital's Brad Heffern maintained a Buy rating on Agree Realty (ADC) with a $73.00 price target. This aligns with a Strong Buy consensus among analysts, predicting a 24.47% upside. The report highlights positive corporate insider sentiment and recent insider share purchases.
RBC Capital Reaffirms Their Buy Rating on Zimmer Biomet Holdings (ZBH)
RBC Capital analyst Kendall Au reiterated a Buy rating on Zimmer Biomet Holdings (ZBH) with a price target of $110.00. This affirmation follows the company's Q2 earnings report, which showed increased revenue and net profit compared to the previous year. Zimmer Biomet Holdings currently holds a Moderate Buy consensus among analysts, with an average price target of $106.07.
Digital Realty prices $2.28B Blackstone stock offering
Digital Realty has priced a $2.28 billion secondary offering of 12,310,249 shares by Blackstone affiliates at $185.00 per share, expected to close on July 1, 2026. This offering facilitates Digital Realty's acquisition of a 64% equity interest in three data centers for $3.5 billion, comprising $1.2 billion in cash and $2.3 billion in stock. The acquired assets, totaling 288 MW, are fully leased to investment-grade hyperscale customers and are anticipated to stabilize between 2027 and 2028.
Truist Financial Corporation De (TFC-PR) Q1 FY2025 earnings call transcript
This article provides the earnings call transcript for Truist Financial Corporation's Q1 FY2025 results. The call, powered by Quartr, took place on April 17, 2025, at 8:00 AM EDT. The content notes that most of the transcript is behind a paywall, requiring a premium subscription to access the full historical archive.
PNC Financial (PNC) Receives a Buy from Oppenheimer
Oppenheimer analyst Chris Kotowski maintained a Buy rating on PNC Financial with a $263.00 price target. This comes as PNC Financial reported strong Q2 earnings with increased revenue and net profit compared to the previous year. Despite positive analyst ratings, corporate insider sentiment remains negative, with some insiders selling shares.
Jefferies Financial Group Downgrades Edison International (NYSE:EIX) to Moderate Sell
Jefferies Financial Group has downgraded Edison International (NYSE:EIX) from "hold" to "moderate sell," reflecting a generally cautious sentiment among analysts. The stock's average rating is now "reduce" with an average price target of $62.45, while Edison shares are trading near their one-year low. Despite beating EPS expectations with $1.54 versus $1.18, the company's revenue of $4.36 billion fell below estimates.
Raymond James Financial (NYSE:RJF) Upgraded to "Hold" at Wells Fargo & Company
Wells Fargo & Company initiated coverage on Raymond James Financial (NYSE:RJF) with a "hold" rating and a $172 price target, indicating an 8.75% potential upside. The company's stock currently holds an average "hold" rating and a target price of $180.85 across analysts. Raymond James Financial reported strong quarterly earnings of $3.14 per share, surpassing estimates, and a 15.6% year-over-year revenue increase to $3.93 billion.
Genesco (NYSE:GCO) Upgraded to Buy at Wall Street Zen
Wall Street Zen has upgraded Genesco (NYSE:GCO) from a "hold" to a "buy" rating, aligning with a "Moderate Buy" consensus and an average price target of $36.00 among analysts. This upgrade follows Genesco's strong quarterly results, where it surpassed earnings expectations with a reported loss of $0.83 per share against an estimated $1.37 loss, and revenues of $529.86 million. Institutional investors hold a significant 94.51% stake in the company, while insiders own 23.11%, with Director Gregory Sandfort recently increasing his shareholding.
NETSTREIT Secures $550 Million in Additional Financing, Extends Debt Maturities
NETSTREIT Corp. has secured $550 million in new financing, including $150 million in immediate term loans and a $400 million delayed-draw facility, and amended existing credit facilities. This strategic move extends the Dallas-based REIT's debt maturities, pushing the next significant one to early 2029, and provides additional liquidity to support its growth through 2027. The refinancing also enabled the full repayment of a $200 million term loan originally due in February 2028, significantly strengthening the company's financial flexibility.
Analysts’ Top Industrial Goods Picks: BWX Technologies (BWXT), Brink’s Company (BCO)
Jefferies maintained a Buy rating on BWX Technologies (BWXT) with a price target of $181.00, while Northland Securities also reiterated a Buy rating with a $250.00 price target. Truist Financial maintained a Buy rating on Brink’s Company (BCO), and William Blair also reiterated a Buy rating on BCO. Both companies have a Strong Buy consensus rating from analysts, with significant upside potential from current levels.
Truist Financial Remains a Buy on Westlake Corporation (WLK)
Truist Financial analyst Pete Osterland has maintained a Buy rating on Westlake Corporation (WLK) with a price target of $90.00. This comes despite Mizuho Securities maintaining a Hold rating on the stock. Westlake reported strong quarterly revenue of $3.27 billion and a net profit of $260 million, though insider sentiment is negative due to increased selling activity.
Truist Financial (NYSE:TFC) Stock Price Target Lowered at JPMorgan Chase & Co.
JPMorgan Chase & Co. has lowered its price target for Truist Financial (NYSE:TFC) from $54.00 to $50.50, maintaining an "underweight" rating, despite a potential 8.92% upside from its current price. Analyst sentiment for TFC is mixed, with a consensus "hold" rating and an average price target of $55.25. The company recently exceeded quarterly earnings expectations, reporting $1.23 EPS against a $1.08 consensus estimate and $5.31 billion in revenue.
JPMorgan Chase & Co. Has Lowered Expectations for Bank of America (NYSE:BAC) Stock Price
JPMorgan Chase & Co. has reduced its price target for Bank of America (NYSE:BAC) from $68.00 to $62.00, while maintaining an "overweight" rating, suggesting a potential 15.57% upside. Despite the lowered target from JPMorgan, analyst sentiment remains largely positive, with a "Moderate Buy" consensus rating and an average price target of $63.91 across various firms. The company recently surpassed quarterly earnings and revenue expectations, and institutional investors hold a significant portion of its stock.
Truist starts coverage of Acadia Realty and sets a target for Acadia Realty stock
Truist Financial has initiated coverage on Acadia Realty Trust with a Buy rating and a price target of USD 22.00, down from an initial USD 24.00. This report highlights favorable conditions in retail real estate such as limited supply and high occupancy, despite the target reduction. Acadia Realty reported Q2 2026 revenue of USD 95.42 million, exceeding expectations, though diluted EPS of USD 0.05 fell short of the USD 0.30 consensus.
NETSTREIT Secures $550 Million In New Term Loan Commitments And Amends Facilities
NETSTREIT has secured an additional $550 million in new term loan commitments and amended its existing credit facilities, agented by PNC Bank, Wells Fargo, and Truist Bank. This financing includes a $100 million increase to an existing 5.5-year term loan, a $50 million increase to an existing seven-year term loan, and a new $400 million seven-year delayed-draw term loan facility. The proceeds were used to repay a $200 million term loan maturing in February 2028, extending NETSTREIT's debt maturity profile and enhancing its liquidity.
Truist Financial Initiates Coverage on CubeSmart (NYSE:CUBE)
Truist Financial initiated coverage on CubeSmart (NYSE:CUBE) with a "buy" rating and a $41 price target, suggesting an 8.35% upside. This new rating contributes to a mixed analyst sentiment for CubeSmart, which currently holds a consensus "Hold" rating and an average price target of $43.18 from various firms. Despite missing earnings per share estimates in its latest quarter, the company's revenue exceeded expectations, and institutional investors maintain a significant 97.61% ownership.
Brixmor Property Group (NYSE:BRX) Now Covered by Analysts at Truist Financial
Truist Financial initiated coverage on Brixmor Property Group (NYSE:BRX) with a "buy" rating and a $31 price target, suggesting a potential 12.67% upside. The company currently holds a "Moderate Buy" consensus rating from analysts, with an average target price of $34.18. Brixmor's latest quarterly earnings missed analyst estimates, though revenue increased year-over-year, and institutional investors hold a significant portion of its shares.
Truist Financial Initiates Coverage on Simon Property Group (NYSE:SPG)
Truist Financial has initiated coverage on Simon Property Group (NYSE:SPG) with a "hold" rating and a $215 price target, suggesting a 6.72% upside. This aligns with the broader analyst consensus of "hold," with an average target of $227.64. Despite beating revenue expectations, the company missed EPS estimates; however, recent insider buying indicates management sees value, even as rising bond yields and debt remain key risks for the REIT.
Public Storage (NYSE:PSA) Stock Rated "Buy" in New Coverage at Truist Financial
Truist Financial initiated coverage on Public Storage (NYSE:PSA) with a "Buy" rating and a $317 price target, representing an 11.16% upside from its previous close. While analyst sentiment is mixed with a "Hold" consensus and an average price target of $325.11, the company recently surpassed quarterly EPS estimates. Public Storage also issued fiscal 2026 EPS guidance between $16.75 and $17.05.
Truist raises EOG Resources stock price target to $160 on commodity prices
Truist Securities has increased its price target for EOG Resources (NYSE:EOG) stock to $160 from $153, maintaining a Hold rating due to an update in commodity prices. The firm anticipates a "down the middle" third quarter operationally for the oil and gas producer, with strong financial performance expected from realization uplift. Despite the raise, the new target is still below the analyst consensus high, though InvestingPro data suggests the stock is currently undervalued.
Truist raises target for Targa Resources stock to USD 345.00
Truist Financial has increased its price target for Targa Resources (TRGP) stock to USD 345.00, up from USD 312.00, following strong second-quarter earnings. The company reported EPS of USD 3.54, exceeding consensus estimates, although revenue was slightly below expectations. Despite the positive analyst revision and earnings, the stock was trading lower on October 2, 2026, at Lang & Schwarz, reflecting a divergence between market snapshots and analyst valuations.
