Regions Financial (RF) Tops Q1 EPS by 1c

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FBR Capital Upgrades Regions Financial (RF) to Outperform

April 19, 2016 6:33 AM EDT

FBR Capital upgraded Regions Financial (NYSE: RF) from Market Perform to Outperform with a price target of $10.50 (from $10.00) amid improving operating leverage.

Analyst Paul Miller, Jr. commented, "On April 15, Regions Financial reported 1Q16 EPS of $0.20, meeting our estimate and beating the consensus estimate of $0.18. In conjunction with the earnings release, management... More