TFC

The article argues that combining high‑yield preferred shares with common stock is the best strategy for Truist Financial. It suggests this mix offers better returns than other investment options.

Raymond James has hired a $700 million advisor team from Truist, adding the Southwest Florida group to its Financial Institutions Division via Pinnacle Financial Partners’ investment program. This move expands Raymond James’ advisory footprint.

Investing.com -- Truist analyst Christopher Souther reiterated Buy ratings on five clean energy stocks ahead of the third quarter earnings season, citing a favorable demand backdrop as the U.S. is forecast to add approximately 38 GWac of utility-scale solar annually through 2030, alongside 26 GW of storage capacity each year.

Truist has appointed Jeff Dunn and Bryan Cram as interim co‑heads of its Wealth division, following a leadership reshuffle. Shimna Sameer will now serve as consumer banking chief.

Deckers Outdoor’s sales outlook has been lowered, raising concerns about the durability of its growth. The downgrade comes amid a more promotional U.S. marketplace.

Key TakeawaysOklo shares fell 4% today after Truist cut its price target to $31 from $51 and kept its Hold rating ahead of third-quarter results. Truist is the fourth firm in four days to cut its Oklo target, after Piper Sandler, Barclays and Citi, and none of the four changed its rating.

Tesla’s operating margin fell short of expectations, according to Truist, due to increased spending on artificial intelligence. The margin miss highlights the cost of Tesla’s AI investments.

Cameco shares have dropped 38% over six months, but Truist sees a 58% upside potential. The article outlines reasons for this optimistic view.