Truist Securities Maintains Hold on Regions Finl, Lowers Price Target to $19
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Brandon King has maintained a 'Hold' rating on Regions Financial Corp (NYSE:RF) but lowered the price target from $20 to $19.
June 29, 2023 | 3:41 pm
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Regions Financial Corp's price target has been lowered from $20 to $19 by Truist Securities, while maintaining a 'Hold' rating.
The lowering of the price target by Truist Securities indicates a potential decrease in the stock's value. However, the 'Hold' rating suggests that the stock is not expected to significantly underperform or outperform the market, which could limit the impact of the price target reduction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100