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Fly News Breaks for January 7, 2019
CFG
Jan 7, 2019 | 06:44 EDT
Goldman Sachs analyst Ryan Nash added Citizens Financial to his firm's Americas Conviction List while keeping a Buy rating on the name. The current valuation presents a "compelling entry point" following the recent selloff, Nash tells investors in a research note. He believes the market appears to be pricing in an 80% probability of a moderate recession. However, if this doesn't happen over the next 12-18 months, the shares should advance 25%-plus, says the analyst. Nash lowered his price target for Citizens Financial to $40 from $44.
News For CFG From the Last 2 Days
CFG
Apr 18, 2024 | 21:22 EDT
CFG
Apr 18, 2024 | 08:32 EDT
CFG
Apr 17, 2024 | 08:56 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly. HIGHER - Alcoa (AA)... To see the rest of the story go to thefly.com. See Story Here
CFG
Apr 17, 2024 | 06:30 EDT
CFG
Apr 17, 2024 | 06:24 EDT
CFG
Apr 17, 2024 | 06:20 EDT
"We are pleased to start the year with a solid first quarter, featuring a bounce back in capital markets fees, stable NIM, further improvement in our LDR, tight expense management and a strong capital and credit reserve position," said Chairman and CEO Bruce Van Saun. "We are executing well on our key strategic initiatives, including the Private Bank, NYC Metro, TOP 9 and servicing Private Capital. We remain comfortable with our full year guidance and are excited by our medium-term prospects."
