Swedbank AB Raises Stock Holdings in Truist Financial Corporation $TFC

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Swedbank AB increased its stake in Truist Financial Corporation by 18.1% to 839,372 shares, valued at roughly $41.3 million. Truist Financial reported strong Q1 earnings, exceeding analyst expectations with EPS of $1.09 and revenue of $5.20 billion, and declared a quarterly dividend of $0.52 per share. The stock maintains a "Moderate Buy" consensus rating from analysts with a target price of $55.59.
AB-1.99%
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