JP Morgan Raises Target Price on Truist Financial (TFC) to $47, Keeps Neutral Call

Truist Financial Corporation (NYSE:TFC) is one of the 10 Best Bank Stocks to Buy in 2026. On February 9, JPMorgan analyst Vivek Juneja raised his target price on Truist Financial by 10.7% to $57.00 (from $51.50) but maintained his Neutral rating on the stock. This target price change comes as JPMorgan updated its large-cap bank forecasts following the release of the 4th quarter results. The firm prefers bank stocks in this market cycle for five reasons. (1) Good economic trends, (2) Steady fundamentals, ...