Goldman Sachs Removes Wells Fargo (WFC) from Conviction Buy List

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Goldman Sachs Upgrades Regions Financial (RF) to Conviction Buy, Strong 'Self-Help' Story

September 10, 2012 7:22 AM EDT

Goldman Sachs upgraded Regions Financial (NYSE: RF) from Buy to Conviction Buy with a price target of $9.00 (from $8.00), calling it the "best self-help story; repositioning for greater returns."

The firm said the strong self-help story, continued credit recovery and improving fundamentals will drive upside in... More