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Citizens Financial price target lowered to $44 from $45 at BofA

BofA analyst Ebrahim Poonawala lowered the firm’s price target on Citizens Financial (CFG) to $44 from $45 and keeps a Neutral rating on the shares. The firm, which sees downside risk to growth outlooks for the regional bank group, lowered EPS estimates due to weaker than anticipated loan demand and capital markets activity to start the year.

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