Wedbush Maintains Neutral on Citizens Financial Group, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini maintains a Neutral rating on Citizens Financial Group (CFG) and lowers the price target from $38 to $35.
April 18, 2024 | 12:57 pm
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NEGATIVE IMPACT
Wedbush analyst David Chiaverini maintains a Neutral rating on Citizens Financial Group and lowers the price target from $38 to $35.
The reduction in price target by Wedbush reflects a negative outlook on CFG's stock price in the short term. Maintaining a Neutral rating indicates that the analyst sees limited upside or downside potential from the current price level, but the lowering of the price target suggests that the analyst has become slightly more bearish on the stock's future performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100