Regions Financial (NYSE:RF) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

JPMorgan Chase & Co. raised its price target for Regions Financial (NYSE:RF) from $31.50 to $32.00, maintaining a "neutral" rating and suggesting a 3% upside. The company recently exceeded quarterly earnings and revenue expectations, reporting $0.68 EPS on revenues of $1.95 billion. Despite varied analyst sentiment, with a consensus "Hold" rating and an average target price of $32.24, RF is trading near its 52-week high.