Morgan Stanley Reiterates Underweight on Citigroup, Maintains $45 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck has reiterated an Underweight rating on Citigroup (NYSE:C) and maintained a $45 price target.
July 18, 2023 | 1:56 pm
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Morgan Stanley has reiterated an Underweight rating on Citigroup, maintaining a $45 price target.
The Underweight rating from Morgan Stanley suggests that they expect Citigroup's stock to underperform compared to other stocks. This could potentially lead to a decrease in Citigroup's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100