Wells Fargo Maintains Overweight on Citigroup, Maintains $80 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Mike Mayo has maintained an Overweight rating on Citigroup, with a price target of $80.
April 01, 2024 | 3:52 pm
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Wells Fargo analyst Mike Mayo reaffirms an Overweight rating on Citigroup, with a consistent price target of $80.
The reaffirmation of an Overweight rating and a high price target of $80 by a reputable analyst like Mike Mayo suggests a strong confidence in Citigroup's future performance. This positive outlook is likely to influence investor sentiment positively in the short term, potentially driving the stock price up.
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IMPORTANCE 90
RELEVANCE 100