Truist Financial price target raised to $58 from $54 at Argus

Core Viewpoint - Argus has raised the price target for Truist Financial (TFC) to $58 from $54 while maintaining a Buy rating following the company's Q4 earnings beat [1] Financial Performance - The Q4 results indicated a positive impact on net interest income driven by higher earning assets and average deposits [1] - Share buybacks remained robust, contributing to the overall financial health of the company [1] - Credit quality showed improvement, reflecting a stronger financial position [1]