UPDATE: ISI Group Initiates Coverage on Regions Financial on Multiple Positive Factors
October 08, 2013 at 12:52 PM EDT
In a report published Tuesday, ISI Group analyst Keith Murray initiated coverage on Regions Financial Corporation (NYSE: RF ) with a Buy rating and $11.00 price target. In the report, ISI Group noted, “We are initiating coverage of Regions Financial with a Buy rating and 12-month price target of $11.