Check Out What Whales Are Doing With Citigroup
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Citigroup (NYSE:C), with 58% of investors opening trades with bullish expectations and 41% with bearish. The whale has been targeting a price range from $30.0 to $50.0 for Citigroup over the last 3 months. Wells Fargo maintains an Overweight rating on Citigroup with a price target of $60, while RBC Capital and Morgan Stanley have downgraded their actions to Outperform and Underweight respectively, with price targets of $51 and $45.
July 05, 2023 | 6:16 pm
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Bullish stance by a whale investor and mixed analyst ratings could lead to volatility in Citigroup's stock price.
The bullish stance by a whale investor indicates a positive outlook for Citigroup. However, mixed analyst ratings from Wells Fargo, RBC Capital, and Morgan Stanley could create uncertainty, potentially leading to volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100