Analysts Are Downgrading These 5 Stocks

04. Citizens Financial Group, Inc. (NYSE:CFG)

Number of Hedge Fund Holders: 42

Following the Federal Reserve’s annual bank stress tests results on June 29, J.P. Morgan analyst Vivek Juneja decided to revise his Citizens Financial Group, Inc. (NYSE:CFG) rating. Previously categorized as overweight, Citizens Financial Group, Inc. (NYSE:CFG) has now been downgraded to a neutral rating by Juneja. This decision comes as a direct consequence of the stress test outcomes, leading J.P. Morgan to reconsider its stance on the company’s investment potential. By adjusting its recommendation, J.P. Morgan aims to align their analysis more closely with the current assessment of Citizens Financial Group, Inc. (NYSE:CFG) overall financial strength.