Oppenheimer Maintains Outperform on Citigroup, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Chris Kotowski has maintained an Outperform rating on Citigroup (NYSE:C) and increased the price target from $82 to $85.
November 16, 2023 | 6:44 pm
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POSITIVE IMPACT
Oppenheimer has reaffirmed Citigroup's Outperform rating and raised the price target from $82 to $85, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Chris Kotowski suggests a strong confidence in Citigroup's future performance. This is likely to be viewed positively by investors and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100