Truist: Solid Q1 And Buybacks Create Upside Potential (Rating Upgrade)

Group 1 - Truist (NYSE: TFC) shares have experienced a significant decline, losing over 25% from their highs and erasing all gains from the past year [1] - The stock currently offers a dividend yield of 5.8% and trades at a sub-10x valuation [1] - The analysis is based on over fifteen years of experience in making contrarian bets and identifying stock-specific turnaround stories for favorable risk/reward profiles [1]