Barclays analyst Jason Goldberg lowered the firm’s price target on Citizens Financial to $42 from $44 and keeps an Overweight rating on the shares post the Q1 results. The company’s earnings missed owing to lower than expected net interest income and fees and a higher than expected provision, the analyst tells investors in a research note.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on CFG:
- 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
- Citizens Financial names Richard Stein chief risk officer