Morgan Stanley analyst Betsy Graseck raised the firm’s price target on Regions Financial (RF) to $29 from $27 and keeps an Equal Weight rating on the shares. The firm is raising its 2025 and 2026 EPS estimates 4% and 5%, respectively, on higher fee income, higher net interest income and lower provision estimates following the company’s “blowout” net interest margin in Q2.
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Read More on RF:
- Regions Financial price target raised to $29 from $25 at DA Davidson
- Regions Financial price target raised to $28 from $22 at RBC Capital
- Regions Financial price target raised to $29 from $24 at Stephens
- Regions Financial price target raised to $27 from $24 at Barclays
- Balanced Outlook for Regions Financial: Strong NIM and NII Growth Amid C&I Loan Challenges Justifies Hold Rating