JP Morgan Downgrades Regions Finl to Neutral, Lowers Price Target to $16.5
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Vivek Juneja has downgraded Regions Finl (NYSE:RF) from Overweight to Neutral and lowered the price target from $19 to $16.5.
October 27, 2023 | 10:30 am
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Regions Finl has been downgraded by JP Morgan from Overweight to Neutral, with a lowered price target of $16.5.
The downgrade from JP Morgan, a major financial institution, could negatively impact investor sentiment towards Regions Finl. The lowered price target suggests that JP Morgan expects the stock's value to decrease in the short term.
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