There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Regions Financial (RF – Research Report) and Ares Capital (ARCC – Research Report) with bullish sentiments.
Regions Financial (RF)
In a report released today, Michael Rose from Raymond James maintained a Buy rating on Regions Financial, with a price target of $23.00. The company’s shares closed last Friday at $19.52.
According to TipRanks.com, Rose is a 4-star analyst with an average return of
Regions Financial has an analyst consensus of Strong Buy, with a price target consensus of $24.17, which is a 21.8% upside from current levels. In a report issued on October 11, J.P. Morgan also maintained a Buy rating on the stock with a $23.50 price target.
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Ares Capital (ARCC)
Wells Fargo analyst Finian O’Shea maintained a Buy rating on Ares Capital today and set a price target of $19.00. The company’s shares closed last Friday at $17.82.
According to TipRanks.com, O’Shea is a 3-star analyst with an average return of
Ares Capital has an analyst consensus of Strong Buy, with a price target consensus of $21.00, representing a 17.4% upside. In a report issued on October 13, Jefferies also maintained a Buy rating on the stock with a $22.00 price target.
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