Barclays analyst Jason Goldberg lowered the firm’s price target on Citizens Financial to $44 from $57 and keeps an Overweight rating on the shares ahead of the Q1 results. The analyst says the bank’s fee income and expenses should be impacted by seasonality, though its asset quality "remains benign." Still, Citizens’ deposit levels, mix and rate could be impacted by recent events, the analyst tells investors in a research note.
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Published first on TheFly
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