Credit Suisse analyst Susan Roth Katzke lowered the firm’s price target on Citizens Financial to $35 from $44 and keeps a Neutral rating on the shares following quarterly results. Looking forward, management lowered its full year 2023 revenue outlook and modestly lifted its loss rate expectation, none of which should be all that surprising at this point, the firm says.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on CFG:
- Citizens Financial price target lowered to $42 from $44 at Barclays
- Citizens Financial reports Q1 underlying EPS $1.10, consensus $1.13
- Notable companies reporting before tomorrow’s open
- China Fishery Group Limited – Tender Offer Final Results Announcement
- Citizens Financial Group (CFG) Q1 Earnings Cheat Sheet