Regions Financial (RF) Stock: $26 Target And Market Perform Rating

By Amit Chowdhry ● Jun 23, 2022
  • The shares of Regions Financial Corp (NYSE: RF) recently received a $26 price target from Keefe Bruyette. These are the details.

The shares of Regions Financial Corp (NYSE: RF) recently received a $26 price target from Keefe Bruyette. And Keefe Bruyette analyst David Konrad recently upgraded Regions Financial to a “Market Perform” rating from an “Underperform” rating while increasing the price target from $24. 

Konrad adjusted the rating while citing the bank’s increased liquidity, low-cost deposit base, and discounted valuation to peers for the upgrade. And based on Konrad’s deposit analysis for the bank sector, Regions stacks up as one of the top large-cap banks.

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