Wells Fargo Maintains Overweight on Citigroup, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Mike Mayo has maintained an Overweight rating on Citigroup and increased the price target from $70 to $80.
March 25, 2024 | 10:18 am
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POSITIVE IMPACT
Citigroup's Overweight rating is maintained by Wells Fargo, with the price target raised from $70 to $80.
The increase in Citigroup's price target by a reputable analyst like Mike Mayo suggests a positive outlook on the stock's future performance. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100