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Fly News Breaks for January 22, 2018
RF
Jan 22, 2018 | 09:17 EDT
As previously reported, Sandler ONeill analyst Stephen Scouten upgraded Regions Financial to Buy from Hold after he increased his estimates for Regions in the wake of its earnings report. He sees the potential for a better expense trajectory and a quicker return to net loan growth, along with continued benefits from the bank's asset sensitive balance sheet and lower credit costs, Scouten tells investors. He raised his price target on the shares to $21.50 from $18.
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