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Citizens Financial price target raised to $70 from $67 at RBC Capital

RBC Capital analyst Gerard Cassidy raised the firm’s price target on Citizens Financial (CFG) to $70 from $67 and keeps an Outperform rating on the shares after its Q1 earnings beat. The quarter showed solid and continued progress on the company’s strategic initiatives, primarily regarding the growth of Citizens Private Bank, the analyst tells investors in a research note.

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