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Fly News Breaks for December 16, 2019
TFC
Dec 16, 2019 | 07:23 EDT
Credit Suisse analyst Susan Roth Katzke initiated coverage of Truist Financial with a Neutral rating and $55 price target. In a research note to investors, the analyst says that the merger between BB&T and SUnTrust "makes good sense" financially and strategically, but the bar is high with the shares up ~30% year to date.
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