Stephens & Co. Reiterates Equal-Weight on Regions Finl, Maintains $21 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Terry McEvoy has reiterated an Equal-Weight rating on Regions Financial Corporation (NYSE:RF) and maintained a price target of $21.
January 23, 2024 | 4:33 pm
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Regions Financial Corporation's stock rating was reiterated as Equal-Weight by Stephens & Co. with a steady price target of $21.
The reiteration of an Equal-Weight rating and maintenance of the price target suggests that Stephens & Co. believes RF is fairly valued at its current level. This is unlikely to cause significant short-term price movement as it does not change the investment thesis for the stock.
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