tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Regions Financial price target raised to $26 from $25 at Truist

Truist analyst Brandon King raised the firm’s price target on Regions Financial (RF) to $26 from $25 and keeps a Hold rating on the shares as part of a broader research note recapping Q3 results for Community/Regional banks. The firm is citing the company’s slightly higher net interest income and higher fees, offset by partially higher expenses, also noting that the net interest income trajectory remains relatively intact with net interest margins marching toward 3.6% by Q4 of 2025 – consistent with management expectations, the analyst tells investors in a research note.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1