Goldman Sachs Maintains Buy Rating for Citizens Financial Group: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Goldman Sachs maintains its Buy rating for Citizens Financial Group (NYSE:CFG) but lowers its price target from $38.00 to $34.00. Shares of CFG are trading down 1.37% at $25.98 per share.
May 19, 2023 | 5:00 pm
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Goldman Sachs maintains Buy rating for Citizens Financial Group (CFG) and lowers price target from $38.00 to $34.00. CFG shares are trading down 1.37%.
Goldman Sachs' decision to maintain a Buy rating for CFG indicates a positive outlook for the stock. However, the lowering of the price target from $38.00 to $34.00 may cause some short-term uncertainty. Despite the 1.37% decline in CFG shares, the new price target still represents a 30.87% increase from the current share price, suggesting potential growth in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100