Tuesday, April 6, 2010

Regions Financial (NYSE:RF) Upgraded by Credit Suisse

Regions Financial

Regions Financial (NYSE: RF) received a nice boost in share price after analysts at Credit Suisse (NYSE:CS) upgraded the earnings per share for the first quarter to a range of $0.33 to $0.87 a share, up from $0.24 to $0.67 a share previously estimated.

Other analysts are expected a $0.22 loss a share for Regions, so we'll have to wait to see in June who was right.

For now, Regions, and other small banks enjoyed some upward movement in their share price.

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