Morgan Stanley Reiterates Underweight on Citigroup, Maintains $45 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck reiterated an Underweight rating on Citigroup (NYSE:C) and maintained a $45 price target.
June 15, 2023 | 1:06 pm
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Morgan Stanley analyst Betsy Graseck reiterated an Underweight rating on Citigroup and maintained a $45 price target.
The Underweight rating from Morgan Stanley analyst Betsy Graseck indicates a negative outlook for Citigroup's stock in the short term. The maintained $45 price target suggests that the analyst does not see significant upside potential for the stock. This news is likely to have a negative impact on Citigroup's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100