Regions Financial price target raised to $26 from $25 at Truist

Truist raised the firm’s price target on Regions Financial (RF) to $26 from $25 and keeps a Hold rating on the shares as part of a broader research note on Regional Banks. The firm is updating its model following Q4 results though also points to the company’s higher provision expenses, lower expected repurchases in 2025, and lower assumed revenues, the analyst tells investors in a research note. Truist is also cutting its FY25 EPS view for Regions by 10c to $2.24 while maintaining its FY26 view at $2.52.