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Truist Financial Corporation $TFC Holdings Raised by Generali Asset Management SPA SGR
Generali Asset Management SPA SGR significantly increased its stake in Truist Financial Corporation, boosting its holdings by 70.1% to 103,315 shares valued at approximately $5.08 million. This increase follows Truist Financial’s strong quarterly results, which surpassed analyst expectations for both earnings and revenue. The company also announced a quarterly dividend of $0.52 per share, while analysts maintain a “Moderate Buy” rating with a target price of $55.59.