Information Provided By:
Fly News Breaks for October 12, 2015
PNC, CFG
Oct 12, 2015 | 07:26 EDT
Citi analyst Keith Horowitz upgraded Citizens Financial (CFG) to Buy citing a favorable risk/reward following the recent underperformance of bank stocks. Horowitz keeps a $29 price target for shares. He also introduced a pair trade idea of long Citizens, short PNC Financial (PNC).