UBS analyst Erika Najarian downgraded Regions Financial to Neutral from Buy with an unchanged price target of $24. Recent talks with management indicate that both deposit run-off and deposit beta "continue to surpass expectations" in Q4, said Najarian. However, she believes the current valuation reflects this and other positives.
Published first on TheFly
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- Regions Financial downgraded to Hold from Buy at Jefferies
- Regions Financial price target lowered to $24 from $25 at Deutsche Bank
- Regions Financial price target raised to $29 from $27 at Barclays
- DA Davidson starts Regions at Buy, says ‘well prepared for any scenario’
- Regions Financial initiated with a Buy at DA Davidson
