No new catalyst: CFG was down about 3%, deeper than the roughly 2.4% decline earlier, as the S&P 500 and Nasdaq fell and volatility jumped. The standing driver remains the broad technology-led risk-off selloff, while regional-bank peers also traded lower intraday. Evercore ISI's October 27 cut of its CFG price target to $74 remained a secondary stock-specific drag source.
No new catalyst: CFG was down about 3%, deeper than the roughly 2.4% decline earlier, as the S&P 500 and Nasdaq fell and volatility jumped. The standing driver remains the broad technology-led risk-off selloff, while regional-bank peers also traded lower intraday. Evercore ISI's October 27 cut of its CFG price target to $74 remained a secondary stock-specific drag source.