Analysts Are Bullish on These Financial Stocks: Truist Financial (TFC), Fidelis Insurance Holdings Ltd. (FIHL)

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There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Truist Financial (TFCResearch Report) and Fidelis Insurance Holdings Ltd. (FIHLResearch Report) with bullish sentiments.

Truist Financial (TFC)

In a report issued on May 7, David George from Robert W. Baird maintained a Buy rating on Truist Financial, with a price target of $45.00. The company’s shares closed last Thursday at $39.10, close to its 52-week high of $40.35.

According to TipRanks.com, George is a 5-star analyst with an average return of 9.4% and a 63.2% success rate. George covers the Financial sector, focusing on stocks such as Capital One Financial, Associated Banc-Corp, and Fifth Third Bancorp.

Truist Financial has an analyst consensus of Moderate Buy, with a price target consensus of $42.88, implying a 10.8% upside from current levels. In a report issued on April 24, Compass Point also upgraded the stock to Buy with a $42.00 price target.

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Fidelis Insurance Holdings Ltd. (FIHL)

In a report released today, Matthew Carletti from JMP Securities reiterated a Buy rating on Fidelis Insurance Holdings Ltd., with a price target of $24.00. The company’s shares closed last Thursday at $19.31, close to its 52-week high of $20.53.

According to TipRanks.com, Carletti is a 5-star analyst with an average return of 11.0% and a 58.7% success rate. Carletti covers the Financial sector, focusing on stocks such as Skyward Specialty Insurance Group, Inc., Hamilton Insurance Group, Ltd. Class B, and Heritage Insurance Holdings.

Fidelis Insurance Holdings Ltd. has an analyst consensus of Strong Buy, with a price target consensus of $21.13.

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