Citizens Financial Group, Inc. (NYSE:CFG) is one of the new stocks David Tepper has bought. As of December 29, the average price target for CFG suggests a 5% upside; however, the Street high indicates a 25% upside. In Q3 2025, billionaire David Tepper added CFG to the portfolio by picking up 600,000 shares of the company worth nearly $32 million.
On December 22, Truist analyst Brian Foran maintained a Hold recommendation on Citizens Financial (CFG) and lifted the price target from $56 to $63, as part of a larger research note revising banking models amid management updates. The analyst informed investors that the bank had gained some operating leverage in operating expenses and marketing, which is taking some pressure off from higher customer engagement expenses. Truist added that market consensus indicated a marginal EPS slowdown across the banking space, but overall management commentary “feels more optimistic”.
Photo by Mirza Babic on Unsplash
Previously, on December 11, Citizens Capital Markets & Advisory (a subsidiary of Citizens Financial Group) revealed that it is solely arranging debt financing for River Rock Entertainment Authority, amounting to $390 million, with Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) stepping in as the primary real estate financing collaborator.
The new funding will be utilized to upgrade the Tribe’s current River Rock Casino into a top-tier destination resort casino, which will be run by Caesars Entertainment under the Caesars Republic brand, with a planned opening in the summer of 2027.
Citizens Financial Group, Inc. (NYSE:CFG) is an American bank holding company that operates through Consumer Banking and Commercial Banking divisions.
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