Keefe, Bruyette & Woods Maintains Market Perform on Regions Finl, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst David Konrad has maintained a 'Market Perform' rating on Regions Financial Corporation (NYSE:RF) and increased the price target from $20 to $21.
January 22, 2024 | 6:21 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Regions Financial Corporation's stock may see a positive impact in the short term due to the raised price target from $20 to $21 by Keefe, Bruyette & Woods.
The increase in price target by a reputable analyst firm like Keefe, Bruyette & Woods typically signals a positive outlook on the stock, suggesting that the firm believes the stock is undervalued at its current price. This can lead to increased investor confidence and a potential uptick in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100