Truist Securities raises PT on BofA

** Truist Securities raises PT on Bank of America BAC.N to $56 from $51

** Shares of BAC rise about 0.3% to $51.8 premarket

** Brokerage revises its financial models for BAC after incorporating conference updates from management

** 21 of 26 analysts rate stock "buy" or higher, and five "hold"; median PT is $54 - data compiled by LSEG

** As of last close, BAC stock up 17.6% YTD