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Truist Financial has underperformed the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects.
Regional banks are nearing a major level, with the KRE ETF consolidating just below resistance at $70, setting up a potential breakout or double top scenario.
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Although Truist Financial has lagged the S&P 500 in the past 12 months, analysts maintain a generally positive view on the bank’s forward performance.
Truist Financial has underperformed the Regional Banking industry over the past year, but analysts are moderately optimistic about the stock’s prospects.
These ETFs have outperformed the broader S&P 500 index in recent months, and this momentum has strong fundamental reasons behind it.
Truist Financial has underperformed the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects.
Of the 1,239 unusually active options in Thursday trading, 207 were financial service stocks. Of the 207, these three companies have bull put or bull call spreads that investors might consider heading...
Despite Truist Financial’s underperformance relative to the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.
Bank stocks have seen a surge in investor interest lately. The Financials sector is one of the best-performing sectors year to date, up about 6.6%, just slightly behind Communication Services, which has...