Regions (RF) Shares Continuing Lower as Bernstein Cuts to Market Perform

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Regions Financial (NYSE: RF) shares are down about 1.3% with a half-hour left in this morning's pre-market trading session.

Traders are likely responding to an earlier downgrade from an analyst at Bernstein. The firm now rates Regions shares a Market Perform, down from Outperform previously. Bernstein modestly reduced its price target on the stock from $8.50 to $8.

Shares of Regions fell nearly 4% yesterday following Q4 results from the company yesterday morning.

For more ratings news on Regions Financial click here and for the rating history of Regions Financial click here.

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