Citizens Financial’s improving fundamentals and growth-oriented business mix makes it an attractive stock even after a strong run for the financial sector, according to Morgan Stanley.
Like many bank stocks, Citizens has outperformed in 2021, rising more than 35% year to date.
Morgan Stanley analyst Ken Zerbe reaffirmed the firm’s overweight rating on Citizens, saying in a note to clients on Wednesday that the stock remains one of the best ideas in the space.
