Oppenheimer Maintains Outperform on Citigroup, Raises Price Target to $93
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Chris Kotowski has maintained an Outperform rating on Citigroup (NYSE:C) and increased the price target from $85 to $93, indicating a positive outlook on the bank's stock.
January 16, 2024 | 3:25 pm
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Oppenheimer analyst Chris Kotowski reaffirmed an Outperform rating on Citigroup and raised the price target to $93, suggesting confidence in the bank's future performance.
The increase in price target by a reputable analyst typically signals a positive outlook on the company's stock, which can lead to increased investor confidence and potentially drive up the stock price in the short term.
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