Citigroup Maintains Buy on Virtu Finl, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Christopher Allen has reaffirmed a Buy rating on Virtu Financial (NASDAQ:VIRT) but reduced the price target from $22 to $21.

January 26, 2024 | 3:10 pm
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Citigroup maintains a Buy rating on Virtu Financial but lowers the price target from $22 to $21.
While the reduction in price target could suggest a slightly less optimistic view on the stock's value, the maintenance of a Buy rating indicates that Citigroup still sees positive potential in Virtu Financial. The impact on the stock price may be neutral to slightly negative in the short term as the market digests the mixed signals of a lower price target with a continued Buy recommendation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100