In a report published Monday, Oppenheimer analyst Ben Chittenden initiated coverage on Citizens Financial Group Inc (NYSE: CFG) with an Outperform rating and $29.00 price target.
In the report, Oppenheimer noted, “We are initiating coverage of...
Citizens Financial reported a 31% increase in third-quarter profit as the regional lender released its first quarterly results since it returned to the U.S. stock market as a publicly traded company in September.
Citizens Financial Group, Inc. (Citizens) today announced the closing of
the initial public offering of 161,000,000 shares, or 28.8%, of its
common stock, which includes the full exercise of the underwriters’
Visit StreetInsider.com at http://www.streetinsider.com/Management+Changes/Citizens+Financial+Group+%28CFG%29+Appoints+New+Head+of+Treasury+Solutions+at+Commercial+Banking+Unit/9861716.html for the full story.
Wall Street investors are bankrolling A.I.G.'s former chief executive in his suit over the government's bailout. | New inversion rules may lack bite. | Citizens Financial Group is making its public market debut. | In defense of hedge funds.
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