Piper Sandler Maintains Overweight on Regions Finl, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Stephen Scouten maintains an Overweight rating on Regions Financial Corp (NYSE:RF) but lowers the price target from $22 to $17.
October 23, 2023 | 8:22 pm
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Piper Sandler has lowered the price target for Regions Financial Corp from $22 to $17 while maintaining an Overweight rating.
The lowering of the price target by Piper Sandler indicates a potential decrease in the short-term value of Regions Financial Corp's stock. However, the maintained Overweight rating suggests that the stock is still expected to outperform the market, which could mitigate some of the negative impact.
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IMPORTANCE 80
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