Regions Bank Acquires Affordable Housing Syndication and Asset Management Businesses from First Sterling Financial, Inc.

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Piper Jaffray Raises Price Target on Regions Financial (RF) Following 3Q

October 19, 2016 9:25 AM EDT

Piper Jaffray reiterated an Overweight rating on Regions Financial (NYSE: RF), and raised the price target to $11.50 (from $11.00), following the company's 3Q earnings report.

Analyst Kevin Barker commented, "We reiterate our Overweight rating and adjust our price target to $11.50 from $11 following 3Q16... More