Oppenheimer Maintains Outperform on Citigroup, Lowers Price Target to $85
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Chris Kotowski has maintained an 'Outperform' rating on Citigroup (NYSE:C) but lowered the price target from $88 to $85.
August 18, 2023 | 12:19 pm
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Oppenheimer has maintained an 'Outperform' rating on Citigroup but lowered the price target from $88 to $85.
The news is directly related to Citigroup as the company's price target has been lowered by Oppenheimer. However, the 'Outperform' rating has been maintained which indicates that the analyst still expects the stock to do better than the market average. This could have a neutral impact on the stock as the positive rating is balanced by the lower price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100