Simmons Bank increased its stake in Wells Fargo shares, while Truist Financial boosted its price objective on the company.
1 report, 1 independent
Updated Sep 5
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What happened
Simmons Bank increased its stake in Wells Fargo shares, while Truist Financial boosted its price objective on the company.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Simmons Bank
United States financial company based in Arkansas
- An offering was filed with the SEC on July 22, 2025, involving Simmons Bank, with joint book-running management from Stephens Inc., Keefe, Bruyette & Woods, and Morgan Stanley, and co-management from Robert W. Baird & Co.
- Keefe, Bruyette & Woods reduced its price objective for Simmons Bank on October 21, 2026.
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Truist Financial
American bank holding company, formerly known as BB&T Corporation
- Corning saw rating changes and price target adjustments from Morgan Stanley and Truist Financial, alongside increased shareholding by the Czech National Bank.
- Retailers like Kroger and Walmart intensify competition in the grocery market, while Erste Group and Truist Financial report market movements.
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Securities and Exchange Commission
government agency of the Philippines
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- Truist Financial cut its price target, Morgan Stanley reiterated an underweight rating, and a fund boosted its stake in Edison International shares.