UBS Downgrades Regions Finl to Neutral, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Erika Najarian has downgraded Regions Finl (NYSE:RF) from Buy to Neutral and lowered the price target from $22 to $15.
October 24, 2023 | 2:27 pm
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Regions Finl has been downgraded from Buy to Neutral by UBS, with a lowered price target of $15.
The downgrade from Buy to Neutral by UBS indicates a less optimistic outlook for Regions Finl. The lowered price target from $22 to $15 suggests that UBS sees less upside potential in the stock, which could negatively impact investor sentiment and put downward pressure on the stock price in the short term.
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