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Truist Financial Corp Sells 296,745 Shares of Teva Pharmaceutical Industries Ltd. $TEVA
Truist Financial Corp reduced its stake in Teva Pharmaceutical Industries Ltd. by 30.5% in the fourth quarter, selling 296,745 shares and retaining 676,170 shares valued at $21.1 million. Other institutional investors like Horizon Investments LLC and Jennison Associates LLC also adjusted their positions, indicating varied sentiment towards the company. Teva Pharmaceutical Industries, a multinational pharmaceutical company focusing on generic medicines, has a “Moderate Buy” rating from analysts with a consensus target price of $41.78.