UPDATE: Citi Downgrades Regions Financial (RF) to Neutral

Citi analyst Keith Horowitz downgraded Regions Financial (NYSE: RF) from Buy to Neutral with a price target of $20.00 (from $25.00).

The analyst comments "RF has outperformed this year and we believe with limited positive EPS revisions and peer group multiple, we see better ways to play the group now and downgrade to Neutral."

For an analyst ratings summary and ratings history on Regions Financial click here. For more ratings news on Regions Financial click here.

Shares of Regions Financial closed at $19.05 yesterday.

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