Truist Financial Corp Sees Increase in Positive Analyst Recommendations

Truist Financial Corp has experienced a recent surge in positive analyst recommendations. The company’s securities division has taken the following actions:

  • Initiated a buy rating on Blue Owl Technology Finance
  • Reaffirmed a buy rating on Evolent Health stock, citing favorable trends in the managed care sector
  • Maintained a buy rating on several other stocks, including:
    • Nvidia
    • Mohawk Industries
    • AbCellera Biologics

These developments have contributed to a rise in the company’s stock price, which has reached a new high in recent weeks.