Truist Financial's Q1 earnings missed expectations, revenue fell sharply, yet the stock remains rated a "Moderate Buy."

Private Advisor Group LLC reduced its holdings in Truist Financial Corporation by selling 1,626 shares, while Y Intercept Hong Kong Ltd increased its holdings by 421.9%. Truist Financial's first-quarter earnings per share of $0.91 missed expectations by $0.02, and the company's revenue declined by 406%. The stock is rated a "Moderate Buy" with a target price of $48.72, currently trading around $45.23.