Truist Raises its Price Target on First American Financial Corporation (FAF) to $82 and Maintains a Buy Rating

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Truist has raised its price target for First American Financial Corporation (FAF) to $82, maintaining a Buy rating, citing confidence in the company’s investment income outlook. This follows other analysts like Deutsche Bank and Barclays also adjusting their price targets. First American Financial reported strong Q4 results, exceeding revenue estimates with increased adjusted revenue and EPS, driven by significant growth in commercial revenue.

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