Evercore ISI raised the firm’s price target on Citizens Financial (CFG) to $69 from $60 and keeps an Outperform rating on the shares. Regional banks lagged the universals in 2025 given less perceived de-regulation benefits, greater upside to capital markets at the universals, competitive positioning, and rate sensitivity, notes the analyst, who “cannot rule out incremental investor rotation into the regionals in 2026” given an improving fundamental picture, the analyst tells investors in a note on the regional bank and specialty finance group.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CFG:
- Citizens Financial price target raised to $73 from $61 at Goldman Sachs
- Citizens Financial upgraded to Overweight from Equal Weight at Barclays
- Citizens Financial (CFG): Underappreciated Earnings Power and Improving Credit Outlook Support Buy Rating and Path to Higher ROTCE
- Citizens Financial price target raised to $63 from $56 at Truist
- Citizens Financial price target raised to $68 from $62 at Keefe Bruyette
