Citigroup Upgrades Regions Finl to Buy, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Keith Horowitz has upgraded Regions Financial Corp (NYSE:RF) from Neutral to Buy and increased the price target from $20 to $23, indicating a positive outlook on the stock.
March 18, 2024 | 9:06 am
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Regions Financial Corp (NYSE:RF) was upgraded by Citigroup from Neutral to Buy, with the price target raised from $20 to $23.
The upgrade from Neutral to Buy by a prominent analyst at Citigroup, along with a significant increase in the price target, suggests a strong bullish sentiment towards Regions Financial Corp. This is likely to positively influence investor perception and could lead to an increase in the stock price in the short term.
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