Morgan Stanley Maintains Overweight on Regions Finl, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck maintains an Overweight rating on Regions Financial (NYSE:RF) but lowers the price target from $27 to $25.
April 22, 2024 | 2:27 pm
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Morgan Stanley maintains an Overweight rating on Regions Financial but reduces the price target from $27 to $25.
The adjustment in price target by a major analyst like Morgan Stanley can influence investor sentiment, potentially leading to short-term price fluctuations. However, the maintenance of an Overweight rating indicates a positive outlook on the stock, suggesting that the impact might be neutral to slightly positive as the market absorbs the new price target.
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IMPORTANCE 75
RELEVANCE 100