BMO Capital Downgrades Citigroup to Market Perform
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst James Fotheringham has downgraded Citigroup (NYSE:C) from Outperform to Market Perform, indicating a change in the bank's stock outlook.

January 10, 2024 | 10:08 am
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Citigroup's stock rating has been downgraded by BMO Capital from Outperform to Market Perform, which may influence investor sentiment and stock performance.
Analyst ratings can significantly affect a stock's performance in the short term as they reflect changes in expectations about the company's future performance. A downgrade from Outperform to Market Perform suggests that the analyst sees limited upside potential or increased risks that could deter investors, potentially leading to a decrease in stock price.
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