Citizens Financial price target raised to $42 from $40 at Keefe Bruyette

Keefe Bruyette analyst David Konrad raised the firm’s price target on Citizens Financial to $42 from $40 and keeps a Market Perform rating on the shares. The bank posted a solid quarter but near-term returns “may be less inspiring,” the analyst tells investors in a research note. The firm expects continued volatility in the shares amid credit concerns.