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Cantor Fitzgerald Reaffirms Their Buy Rating on Citizens Financial (CFG)

Tipranks - Tipranks - Thu Mar 5, 8:22AM CST

Cantor Fitzgerald analyst Dave Rochester maintained a Buy rating on Citizens Financial yesterday and set a price target of $75.00. The company’s shares closed yesterday at $59.68.

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According to TipRanks, Rochester is a 5-star analyst with an average return of 10.6% and a 67.87% success rate. Rochester covers the Financial sector, focusing on stocks such as BankUnited, Cullen/Frost Bankers, and Home Bancshares.

Currently, the analyst consensus on Citizens Financial is a Strong Buy with an average price target of $73.22, implying a 22.69% upside from current levels. In a report released on March 2, Morgan Stanley also maintained a Buy rating on the stock with a $80.00 price target.

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Based on Citizens Financial’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.16 billion and a net profit of $528 million. In comparison, last year the company earned a revenue of $3.03 billion and had a net profit of $401 million

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