Goldman Sachs Maintains Neutral on Citigroup, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Richard Ramsden has maintained a Neutral rating on Citigroup (NYSE:C) and increased the price target from $41 to $47.
December 01, 2023 | 2:56 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Neutral rating on Citigroup but raises the price target from $41 to $47, indicating a positive outlook on the stock's value.
The increase in price target by a reputable analyst like Goldman Sachs suggests a positive reassessment of Citigroup's value, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100