Stephens raised the firm’s price target on Citizens Financial (CFG) to $60 from $59 and keeps an Overweight rating on the shares after the company reported Q3 EPS of $1.05, topping the firm’s and consensus forecasts. Pre-tax, pre-provision net revenue increased 21% year-over-year and was 2% above consensus, due to strength in fees, the analyst noted.
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Read More on CFG:
- Citizens Financial price target raised to $75 from $67 at TD Cowen
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