Analysts Reflect Mixed Views On Regions Financial Post Q2 Results: Revised Price Targets And EPS Estimates
Portfolio Pulse from Lekha Gupta
Regions Financial Corp (NYSE:RF) reported mixed Q2 2023 results, with revenue growth of 12% Y/Y to $1.957 billion, beating the consensus of $1.95 billion, and EPS of $0.59, in line with the consensus. Analysts from DA Davidson, Morgan Stanley, RBC Capital, and Wedbush have revised their price targets and EPS estimates for the company. RF shares are trading higher by 1.83% at $20.08.
July 24, 2023 | 6:17 pm
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Regions Financial Corp reported mixed Q2 2023 results, leading to revised price targets and EPS estimates by analysts. The stock is trading higher by 1.83%.
Regions Financial Corp's mixed Q2 2023 results have led to revised price targets and EPS estimates by analysts. This news is directly relevant to the company and is likely to have a positive impact on the stock price in the short term, as reflected in the 1.83% increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100