Deutsche Bank analyst Matt O’Connor upgraded Regions Financial (RF) to Buy from Hold with a price target of $26, up from $24. The shares should benefit from relatively low expectations, less risk of regulatory related earnings hits and a low valuation versus peers, the analyst tells investors in a research note. The firm says Regions’ earnings bar seems relatively low going forward. Regions remains the cheapest stock in Deutsche’s coverage on fiscal 2025 consensus estimates.
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