Regions Financial lower as Guggenheim heads to the sidelines

• Its buy recommendation not working out on Regions Financial (NYSE:RF), Guggenheim downgrades to Neutral and removes the $10 price target.
• Regions is lower by 9.3% YTD, vs. the KRW Regional Bank index's 0.75% gain.
• Late last week, Raymond James took the opposite view on the decline in Regions, upgrading to Strong Buy from Outperform.
• The stock's lower by 1.9% premarket.