Keefe Bruyette lowered the firm’s price target on Regions Financial (RF) to $31 from $32 and keeps an Outperform rating on the shares as part of a Q4 earnings preview for the banks. The recent pullback in bank stocks provides an opportunity for investors to selectively add exposure ahead of what Keefe believes will be “fairly constructive” 2025 guides, the analyst tells investors in a research note.
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Read More on RF:
- Options Volatility and Implied Earnings Moves This Week, January 13 – January 17, 2025
- Regions Financial initiated with a Hold at Truist
- Regions Financial price target raised to $26 from $25 at Barclays
- Regions Financial reduces prime lending rate to 7.50% from 7.75%
- Regions Financial Welcomes New Board Member for 2025
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