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Wells Fargo lowers Regions Financial price target amid policy uncertainties
Wells Fargo analyst Mike Mayo has reduced the price target for Regions Financial from $28 to $26 while maintaining an Equal Weight rating. The adjustment comes amid a cautious Q1 earnings outlook due to policy uncertainties, despite a bullish long-term view on the banking sector following significant deregulation. Estimates have been lowered by 4% for Q1 and 2% through 2027, reflecting concerns over investment banking and loan activities.
Wells Fargo lowers Regions Financial price target to twenty six dollars
Wells Fargo has lowered its price target for Regions Financial to $26 from $28. This adjustment reflects the latest analysis and market conditions impacting the financial institution.
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