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Citizens Financial price target lowered to $43 from $51 at Truist

Truist lowered the firm’s price target on Citizens Financial (CFG) to $43 from $51 and keeps a Hold rating on the shares after its Q1 earnings miss. The firm also cites an uncertain core loan growth outlook, macro-driven softer capital markets outlook, and the bank’s recent history of missing net interest margin targets, the analyst tells investors in a research note.

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