Oppenheimer Maintains Outperform on Citigroup, Lowers Price Target to $81
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Chris Kotowski has maintained an 'Outperform' rating on Citigroup (NYSE:C) but lowered the price target from $85 to $81.
September 26, 2023 | 2:28 pm
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Citigroup's price target has been lowered from $85 to $81 by Oppenheimer, although the 'Outperform' rating is maintained.
The lowering of the price target by Oppenheimer could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintenance of the 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100