UBS raised the firm’s price target on Citizens Financial (CFG) to $53 from $50 and keeps a Buy rating on the shares after hosting a series of investor meetings in London and Paris with Chairman and CEO Bruce Van Saun. The company’s message was “confident” and upbeat with tariff tail risks seemingly now off the table, the analyst tells investors in a research note. The firm says business momentum appears strong and subsiding Citizens-specific risks should help the multiple.
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