Piper Sandler Maintains Neutral on Regions Finl, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Scott Siefers has maintained a Neutral rating on Regions Financial Corp. (NYSE:RF) and increased the price target from $15 to $18.

December 08, 2023 | 8:38 pm
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POSITIVE IMPACT
Regions Financial Corp.'s price target has been raised from $15 to $18 by Piper Sandler, while maintaining a Neutral rating.
The increase in price target by Piper Sandler suggests a positive outlook on the stock's value, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the Neutral rating indicates that the analyst does not see significant momentum beyond the revised target, which tempers the impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100