Truist Financial Corp Updates Stock Price Targets and Ratings

Truist Financial Corp has provided updates on its stock price targets and ratings for various companies.

• The firm has reaffirmed its stock price target for FedEx.
• Truist has cut its stock price target for Nike due to challenges in the company’s turnaround efforts.

Ratings and Recommendations

• Truist has reiterated its buy ratings on:
  • Olo
  • Q2 Holdings, citing deep value setups and positive prospects.
• The firm has reaffirmed its hold rating for Amgen.

Market Sentiment

Truist’s views on these companies suggest a mixed market sentiment, with some companies showing promise and others facing challenges.