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Fly News Breaks for January 11, 2017
RF
Jan 11, 2017 | 05:52 EDT
UBS analyst Saul Martinez downgraded Regions Financial to Sell after assuming coverage of the name. The analyst views the valuation as unattractive and thinks the company's return on equity and return on tangible common equity will remain below those of most bank peers. He lowered his price target for the shares to $13 from $14.
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