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Fly News Breaks for December 16, 2019
CFG
Dec 16, 2019 | 07:08 EDT
Citi analyst Keith Horowitz upgraded Citizens Financial to Neutral from Sell with a price target of $41, up from $32. The analyst refined his valuation framework for the U.S. banks and his "base case" is now mid-single returns with 2% upside to consensus estimates. He's "playing for 'singles' and would not recommend reducing positions."
News For CFG From the Last 2 Days
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 | 06:20 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."