Citigroup Initiates Coverage On American Finl Gr with Buy Rating, Announces Price Target of $125
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Charlie Lederer has initiated coverage on American Financial Group (NYSE:AFG) with a Buy rating and set a price target of $125.
November 22, 2023 | 12:03 pm
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Citigroup has initiated coverage on American Financial Group with a Buy rating and a price target of $125.
The initiation of coverage by Citigroup with a Buy rating typically indicates a positive outlook on the stock by the analyst, which can lead to increased investor interest and potentially a rise in the stock price in the short term. The price target of $125 suggests a significant upside from the current trading price, assuming the stock is trading below this target, which can further fuel positive sentiment.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100