15 Best Large Cap Value Stocks to Buy in 2026

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10. Truist Financial Corporation (NYSE:TFC)

Average Upside Potential: 12.02%

Number of Hedge Fund Holders: 56

Truist Financial Corporation (NYSE:TFC) is one of the best large cap value stocks to buy in 2026. On January 7, TD Cowen raised its price target on Truist Financial to $59 from $55, while maintaining a Buy rating. This decision was made as the firm updated its banking sector outlook, citing a positive end to the year driven by asset repricing and balance sheet expansion. The firm remains bullish on 2026 and noted that a shift toward a more accommodative Fed leadership could be a significant catalyst for stock appreciation.

HSBC also upgraded Truist Financial Corporation (NYSE:TFC) to a Buy rating from Hold on the same day, while also raising the price target to $50 from $47. The firm noted that the shares have underperformed significantly since 2020, but expects this trend to conclude in 2025.

The upgrade is based on progress made throughout 2024, during which the company improved its cost structure, established a capital cushion, and enhanced its net interest income trajectory. HSBC believes that these developments set the foundation for double-digit EPS growth and material expansion in return on equity (ROE) and return on tangible common equity (ROTCE) throughout 2025 and 2026.

Truist Financial Corporation (NYSE:TFC) is a financial services company that provides banking and trust services in the Southeastern and Mid-Atlantic US.

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