Citi lowered the firm’s price target on Regions Financial (RF) to $25 from $28 and keeps a Buy rating on the shares. The firm revised U.S. bank targets on for “through-the-cycle” valuations. Citi reduced its cost of equity assumptions to reflect early-cycle levels, but feels more comfortable anchoring to 10.5%, better reflecting through-the-cycle levels.
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Read More on RF:
- Regions Financial price target lowered to $24 from $26 at Truist
- Buy Rating Affirmed for Regions Financial Amid Strong Net Interest Income and Capital Position
- Regions Financial price target lowered to $28 from $30 at Citi
- Regions Financial price target lowered to $24 from $28 at BofA
- Regions Financial to Present at RBC Conference 2025
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