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Munich Reinsurance Co Stock Corp in Munich Makes New Investment in Truist Financial Corporation $TFC
Munich Reinsurance Co Stock Corp in Munich has initiated a new investment in Truist Financial Corporation, acquiring 87,944 shares valued at approximately $4.36 million. Truist Financial reported strong Q4 earnings, surpassing analyst expectations with $1.09 EPS and $5.20 billion in revenue, and offers a quarterly dividend yielding 4.1%. The stock holds a “Moderate Buy” rating from analysts with an average price target of $55.41.