Evercore ISI Group Downgrades Citizens Financial Group to In-Line, Lowers Price Target to $29
Portfolio Pulse from richadhand@benzinga.com
Evercore ISI Group analyst John Pancari has downgraded Citizens Financial Group (NYSE:CFG) from Outperform to In-Line and lowered the price target from $32 to $29.
July 10, 2023 | 9:17 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Citizens Financial Group has been downgraded from Outperform to In-Line by Evercore ISI Group, with a lowered price target of $29.
The downgrade from Outperform to In-Line indicates that the analyst believes the stock will perform approximately as well as other companies in the market. The lowered price target from $32 to $29 suggests that the analyst has reduced expectations for the stock's future performance. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100