Evercore ISI raised the firm’s price target on Citizens Financial (CFG) to $57 from $55 and keeps an Outperform rating on the shares. Citizens Financial is making strong strides towards its ROTCE target, aiming for 16%-18% in the medium term, and its Private Bank is on track to reach its deposit, loan, and AUM targets by 2025, potentially driving double-digit EPS accretion soon, the analyst tells investors in a research note.
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