Truist Financial Corporation $TFC Stake Increased by Midwest Trust Co

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Midwest Trust Co significantly increased its stake in Truist Financial Corporation, purchasing an additional 28,611 shares, bringing their total holdings to 287,262 shares valued at over $13 million. This comes as other institutional investors also adjusted their positions, and despite recent insider stock sales by Truist Financial’s CFO and a director. Analysts maintain a generally positive outlook on TFC, with a consensus “Hold” rating and an average target price of $55.60.

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