Truist Securities Maintains Hold on Regions Finl, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King has maintained a 'Hold' rating on Regions Financial Corp (NYSE:RF) but lowered the price target from $22 to $18.
September 27, 2023 | 4:43 pm
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Regions Financial Corp's price target has been lowered from $22 to $18 by Truist Securities, while maintaining a 'Hold' rating.
The lowering of the price target by Truist Securities indicates a less optimistic outlook for Regions Financial Corp, which could potentially lead to a decrease in its stock price in the short term. The 'Hold' rating suggests that the stock is expected to perform in line with the market or sector in the next 12 months.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100