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.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RF:
- Regions Financial price target lowered to $26 from $28 at Keefe Bruyette
- Regions Financial price target lowered to $24 from $26 at Barclays
- Balanced Outlook on Regions Financial: EPS Upgrades Amid Revenue Growth Challenges
- Regions Financial Corp. Reports Solid Q1 2025 Earnings
- Regions Financial Corp’s Earnings Call Highlights Balanced Sentiment