Keefe Bruyette analyst David Konrad raised the firm’s price target on Citizens Financial to $46 from $42 and keeps a Market Perform rating on the shares. The firm is also reducing its 2024 by 5c to $3.20, and decreasing its 2025 by 55c to $3.65 due largely to lower assumed interest rates coupled with expectations for a more stable reserve. In addition, Keefe Bruyette is introducing a 2026 of $5.25 and its 2027 of $6.80.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CFG:
- Citizens Financial Expands Board, Welcomes Claude E. Wade
- Citizens Bank lowers prime rate to 8% from 8.5%, effective September 19
- Carver Bancorp names Donald Felix as President and CEO
- Citizens Financial names Christopher Schnirel controller, CAO
- Citizens Financial management to meet with Compass Point
