Piper Sandler Downgrades Regions Finl to Neutral, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Scott Siefers has downgraded Regions Finl (NYSE:RF) from Overweight to Neutral and lowered the price target from $17 to $15.
October 25, 2023 | 10:42 am
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NEGATIVE IMPACT
Regions Finl has been downgraded from Overweight to Neutral by Piper Sandler, and its price target has been lowered from $17 to $15.
The downgrade from Overweight to Neutral by Piper Sandler indicates a less optimistic outlook for Regions Finl. The lowering of the price target from $17 to $15 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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100