Citigroup Maintains Neutral on Corebridge Financial, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Michael Ward has maintained a Neutral rating on Corebridge Financial (NYSE:CRBG) and raised the price target from $19 to $20.
August 09, 2023 | 11:50 am
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NEUTRAL IMPACT
Citigroup analyst maintains Neutral rating on Corebridge Financial and raises the price target.
The news is related to Citigroup as it is the financial institution whose analyst has given the rating and price target. However, as this is a routine part of an analyst's job, it is not expected to have a significant impact on Citigroup's stock.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Corebridge Financial and raised the price target from $19 to $20.
The news is directly related to Corebridge Financial. The Neutral rating indicates that Citigroup does not expect the stock to outperform or underperform the market in the near term. However, the increase in price target from $19 to $20 suggests a slightly positive outlook for the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100