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Truist Financial (NYSE:TFC), the 6th largest U.S. bank by assets, is down by 12.7% over the past 12 months (not including dividends) and 22.4% below the 12-month high closing price of $67.41 on January 14th. TFC has a total 12-month
Analyst’s Disclosure:I/we have a beneficial long position in the shares of TFC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
I have sold covered calls against my long position in TFC.
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