BUZZ-Truist Financial falls after <a href="https://laohu8.com/S/EOD">Wells Fargo</a> downgrades rating** Shares of U.S. bank Truist Financial TFC.N down 1.1% at $43.89
** Wells Fargo downgrades rating on TFC to "equal weight" from "overweight", saying company's new 5-year strategic plan comes with no new metrics and mirror peers' approach
** TFC still seems behind on technology and customer acquisition, brokerage says
** "A key focus is to better serve mass affluent clients wealth offerings. However, TFC has lagged in a highly competitive wealth space" - Wells Fargo
** Ten of 23 brokerages rate the stock "buy" or higher, 13 "hold"; median PT is $48 - data compiled by LSEG
** Including session's moves, shares up ~2.3% YTD
(Reporting by Prakhar Srivastava in Bengaluru)
((Prakhar.srivastava2@thomsonreuters.com))
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