Citi analyst Keith Horowitz downgraded Citizens Financial Group to Sell from Neutral.

Piper Sandler upgraded Citizens Financial to Overweight from Neutral with a price target of $41, up from $35. Post the Q1 report, the analyst feels more comfortable with Citizens' near-term net interest income progression. The firm also likes the bank's longer-term opportunity, believing its "solid" capital base provides optionality to support earnings should loan growth not pan out as hoped. Piper considers the stock's valuation "very attractive" at current levels.

Piper Sandler upgraded Citizens Financial to Overweight from Neutral with a price target of $41, up from $35.

Argus raised the firm's price target on Citizens Financial to $39 from $36 and keeps a Buy rating on the shares after its Q1 earnings beat. Regional bank shares have faced pressure since the failure of three regional banks amid higher deposit costs, commercial real estate exposure, and unrealized losses in the investment portfolio, but Citizens and other regional banks have adequately allayed these fears with their recent results, the analyst tells investors in a research note. Citizens has also hired a number of ex-First Republic advisors to expand its presence in the wealth management business, Argus added.