Wells Fargo Maintains Equal-Weight on Regions Finl, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Whit Mayo has maintained an Equal-Weight rating on Regions Financial (NYSE:RF) and raised the price target from $22 to $24.
October 21, 2024 | 2:55 pm
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Wells Fargo has maintained an Equal-Weight rating on Regions Financial and increased the price target to $24, indicating a positive outlook.
The increase in the price target from $22 to $24 by Wells Fargo suggests a positive outlook for Regions Financial. Maintaining an Equal-Weight rating indicates that the stock is expected to perform in line with the market. The raised price target is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100