Regions Financial price target lowered to $28 from $30 at Citi

Citi lowered the firm’s price target on Regions Financial (RF) to $28 from $30 and keeps a Buy rating on the shares. The firm slightly reduced its outlook for Regions’ loan growth in the first half of 2025 per management’s commentary. However, Citi continues to see a path to net interest income of up 3% year-over-year, inline with its guidance.