Morgan Stanley raised the firm’s price target on Regions Financial (RF) to $32 from $29 and keeps an Equal Weight rating on the shares. The firm is rolling its valuation year from 2026 to 2027, which drives its large cap bank price targets up by a median 14%, the analyst tells investors. The firm is also updating its models to bake in three rate cuts in 2025 and three in 2026, the analyst noted.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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 raised to $32 from $30 at Citi
- Regions Bank lowers prime lending rate to 7.25% from 7.5%
- Regions Financial price target raised to $28 from $27 at Truist
- Regions Financial says credit quality continues to improve
- Cantor starts U.S. banks with ‘constructive view,’ names Citizens as top pick