Baird Upgrades Citizens Financial Group, Inc. (CFG) to Outperform from Neutral with a $65 Price Target

Citizens Financial Group, Inc. (NYSE:CFG) is one of the 12 Most Undervalued Financial Stocks to Buy Now. On March 9, 2026, Citizens Financial Group, Inc. (NYSE:CFG) was upgraded by Baird to Outperform from Neutral with an unchanged price target of $65. The firm said recent weakness in bank stocks has created more attractive risk-reward opportunities, adding that many regional banks currently offer a margin of safety given solid capital positions and stable credit trends.

On March 2, 2026, Morgan Stanley raised its price target on Citizens Financial Group, Inc. (NYSE:CFG) to $80 from $73 while maintaining an Overweight rating on the shares. The firm increased price targets across the mid-cap banks group by a median of 8%, citing tailwinds from loan growth, net interest margin expansion, and capital return despite noting that recent outperformance has raised the bar for the group.

Earlier, Citizens Financial reported Q4 EPS of $1.13, beating the $1.11 consensus estimate. Chairman and CEO Bruce Van Saun said the company delivered “good Q4 and full-year results” driven by the execution of key growth initiatives and continued improvement in net interest margin. He added that fee growth was supported by Capital Markets and Wealth, credit costs improved, and the company returned about 80% of capital to shareholders during the year.

Baird Upgrades Citizens Financial Group, Inc. (CFG) to Outperform from Neutral with a $65 Price Target

Citizens Financial Group, Inc. (NYSE:CFG) operates as a bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States through its Consumer Banking and Commercial Banking segments.

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