Piper Sandler Downgrades Citizens Financial Group to Neutral, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Scott Siefers has downgraded Citizens Financial Group (NYSE:CFG) from Overweight to Neutral and lowered the price target from $29 to $26.

October 25, 2023 | 10:37 am
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Citizens Financial Group has been downgraded from Overweight to Neutral by Piper Sandler, with a lowered price target of $26.
The downgrade from Overweight to Neutral by Piper Sandler indicates a less optimistic outlook for Citizens Financial Group. The lowered price target from $29 to $26 also suggests that the analyst believes the stock may not perform as well as previously expected. This could potentially lead to a decrease in the stock's price in the short term.
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