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Regions Financial price target lowered to $24 from $26 at Stephens

Stephens lowered the firm’s price target on Regions Financial (RF) to $24 from $26 and keeps an Overweight rating on the shares. While the firm recognizes the risk to Regions from increased competition in their Southeast footprint, it would advise investors to “not overlook” the company’s defensive position and offensive strategy, the analyst tells investors in a post-earnings note.

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