DA Davidson reiterates Buy on Citizens Financial stock, cites growth
DA Davidson reiterated a Buy rating on Citizens Financial Group (CFG) with an $82.00 price target, citing strong growth prospects. The stock trades at $63.21 with a P/E ratio of 13.72 and a PEG ratio of 0.31. The firm expects ROE to exceed 16% by Q4 2027 and forecasts EPS growth of 37% and 23% for the next two years. CFG reported Q3 earnings of $1.41 per share, beating estimates, though revenue missed slightly at $2.32B. Raymond James also maintains a Strong Buy rating with a $77.00 target.
How this was made
The 30-second read
Why it matters
Analyst endorsement may provide modest upside but no new catalyst.
Market read
Analyst upgrade offers limited trading relevance; price already reflects earnings beat.
What to watch
Potential headwinds from higher interest rates and loan loss provisions.
Background
The article repeats an analyst's reiteration and cites recent earnings beat.
Ticker impact
DA Davidson reiterated a Buy rating and $82 price target after Citizens Financial Group reported Q3 earnings that beat expectations.
potential upside as the market prices in the higher target
Buy rating and $82 target suggest upside from the current $63 price level.
Market effects
May lift sentiment in regional banks and financial services sector.
Limited to U.S. banking stocks.
Minimal global impact.
Counterpoint
The rating could be premature if earnings quality deteriorates.
Key entities
- companyCitizens Financial Group
U.S. regional bank (ticker CFG).
- analystDA Davidson
Equity research firm issuing the Buy rating.



