Citizens Financial Group (CFG) PT Raised to $74 at DA Davidson on Peer-Leading Earnings Growth Potential

DA Davidson analyst Peter Winter raised the price target on Citizens Financial Group (NYSE: CFG) to $74.00 (from $73.00) while maintaining a Buy rating.

The analyst commented, "Maintain BUY and raising our PT to $74 (was $73). We are forecasting peer leading EPS growth of 35% and 23% over the next 2-years vs. peer median of 11%. Earnings tailwinds include private bank build out (expected mid-teens earnings contribution over the medium term vs. 7% in 2025), strong margin expansion from 3.07% in 4Q25 to a ~3.30-3.50% range by 4Q27 as negative carry on swaps diminishes, earnings drag from noncore consumer loan run-off diminishes, and fixed asset repricing. CFG transformed its deposit franchise, and starting to deliver strong loan growth, and credit costs heading lower."

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