Regions Reports Earnings for the Third Quarter of 2016 of $304 Million, up 26 Percent over the Prior Year, and Earnings Per Share of $0.24, up 33 Percent

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Go back to Regions Reports Earnings for the Third Quarter of 2016 of $304 Million, up 26 Percent over the Prior Year, and Earnings Per Share of $0.24, up 33 Percent

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