TD Cowen resumes coverage of Truist Financial stock at USD 52
Published on 10/13/2026 at 11:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- TD Cowen resumed coverage with a USD 52 price target on October 8, 2026.
- Truist Financial reported USD 1.55 billion in second-quarter 2026 net income, up 25.20 percent year over year.
- The Lang & Schwarz quote was EUR 41.99 on October 13, 2026 at 11:04 a.m. CEST.
- Truist is scheduled to report third-quarter 2026 results on October 16, 2026.
Truist Financial (ISIN US89832Q1094) was trading at EUR 41.99 at Lang & Schwarz on October 13, 2026 at 11:04 a.m. CEST. TD Cowen resumed coverage on October 8 with a Hold rating and a USD 52 price target, according to Markets Insider.
Three dates shape the setup
On September 30, 2026, Truist redeemed USD 850.00 million of subordinated notes due in October, with the redemption at 100.00 percent of principal, according to MarketScreener.
On October 5, 2026, UBS cut its price target from USD 55.00 to USD 50.00 while keeping a Neutral rating, as reported by Markets Insider. On October 8, 2026, TD Cowen resumed coverage at Hold with a USD 52.00 target, according to the same outlet.
What does the earnings date add?
Truist is scheduled to report third-quarter 2026 results before the market opens on October 16, 2026, and management plans an 8:00 a.m. ET conference call, according to Truist Investor Relations. The date gives investors a near-term test of whether the bank can sustain the second-quarter earnings improvement.
In the second quarter of 2026, net income reached USD 1.55 billion, up 25.20 percent from USD 1.24 billion a year earlier, while diluted earnings per share rose to USD 1.23 from USD 0.90. ScanX reported that noninterest income increased 17.00 percent year over year, while investment banking and trading revenue jumped 72.00 percent.
EUR 41.99 before results
The Lang & Schwarz quote stood at EUR 41.99 on October 13, 2026 at 11:04 a.m. CEST. The next trading catalyst is the October 16 results release, while the latest analyst targets span USD 50.00 to USD 52.00. The further course of trading is shown by the continuously updated real-time quote of Truist Financial stock.
Truist Financial stock at a glance
- Company: Truist Financial Corporation
- ISIN: US89832Q1094
- Ticker: TFC
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 13, 2026 at 11:04 a.m. CEST: EUR 41.99
- Market capitalization: USD 58.1 billion as of October 12, 2026
- 52-week range: USD 40.78-56.20 as of October 12, 2026
- Sector: Financials
- Next earnings date: October 16, 2026
Market context: Market report S&P 500.
