Barclays upgraded Citizens Financial (CFG) to Overweight from Equal Weight with a price target of $77, up from $56. The firm adjusted ratings in the large cap bank group as part of its 2026 outlook. Barclays expects the trends hat drove double-digit earnings growth and bank stock outperformance in 2025 to carry into 2026. It thinks Citizens will have the highest organic revenue growth rate in its peer group in 2026 and above-average earnings growth, while the shares trade at a “below-peer valuation.”
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CFG:
- 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
- U.S. overdraft fees gain at 14 of the largest U.S. banks, Reuters reports
- Citizens Financial downgraded to Neutral from Outperform at Baird