Deutsche Bank analyst Matt O’Connor upgraded Regions Financial (RF) to Buy from Hold with a price target of $26, up from $24. The shares should benefit from relatively low expectations, less risk of regulatory related earnings hits and a low valuation versus peers, the analyst tells investors in a research note. The firm says Regions’ earnings bar seems relatively low going forward. Regions remains the cheapest stock in Deutsche’s coverage on fiscal 2025 consensus estimates.
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Read More on RF:
- Regions Financial upgraded to Buy from Hold at Deutsche Bank
- Regions Financial price target raised to $29 from $27 at DA Davidson
- Regions Financial price target raised to $30 from $28 at Wedbush
- Regions Financial price target raised to $26 from $25 at Truist
- Regions Financial price target raised to $24 from $22 at Wells Fargo
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