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Truist trades lower after J.P. Morgan cuts to Underweight on NII pressure

Stocks & Finance
Truist trades lower after J.P. Morgan cuts to Underweight on NII pressure

Truist Financial Building Houston

Truist Financial (TFC) stock fell 1.4% in Monday morning trading after J.P. Morgan downgraded Truist Financial (TFC) to Underweight from Neutral on expected pressure on net interest income for the next couple of years.

The company reduced its net interest


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