Oppenheimer Maintains Outperform on Citigroup, Lowers Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Chris Kotowski maintains an Outperform rating on Citigroup (NYSE:C) but lowers the price target from $95 to $88.

March 19, 2024 | 1:00 pm
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Oppenheimer maintains an Outperform rating on Citigroup but lowers the price target from $95 to $88.
While the reduction in price target from $95 to $88 by Oppenheimer could suggest a tempered outlook for Citigroup's stock, the maintenance of an Outperform rating indicates continued confidence in the company's performance. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100