Goldman Sachs Maintains Buy on Citizens Financial Group, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Ryan Merkel maintains a Buy rating on Citizens Financial Group (NYSE:CFG) and lowers the price target from $38 to $34.
May 19, 2023 | 12:11 pm
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Goldman Sachs maintains Buy rating on Citizens Financial Group (CFG) but lowers price target from $38 to $34.
The news of Goldman Sachs maintaining a Buy rating on Citizens Financial Group (CFG) is positive for the stock. However, the lowering of the price target from $38 to $34 may create some uncertainty among investors, potentially offsetting the positive impact of the Buy rating. Therefore, the short-term impact on CFG's stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100