Citigroup Initiates Coverage On First Citizens BancShares with Neutral Rating, Announces Price Target of $1520
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Keith Horowitz has initiated coverage on First Citizens BancShares (NASDAQ:FCNCA) with a Neutral rating and a price target of $1520.
September 29, 2023 | 11:28 am
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NEUTRAL IMPACT
Citigroup analyst Keith Horowitz has initiated coverage on First Citizens BancShares with a Neutral rating and a price target of $1520.
The news is relevant to Citigroup as it reflects the bank's analysis and outlook on First Citizens BancShares. However, it is not expected to have a significant impact on Citigroup's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
NEUTRAL IMPACT
Citigroup has initiated coverage on First Citizens BancShares with a Neutral rating and a price target of $1520.
The news is directly about First Citizens BancShares and is likely to influence investor sentiment. The Neutral rating suggests that Citigroup does not expect significant price movement in the short term. However, the price target of $1520 could influence investor expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100