Citigroup Maintains Neutral on CI&T, Lowers Price Target to $4.25
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ashwin Shirvaikar has maintained a Neutral rating on CI&T (NYSE:CINT) and lowered the price target from $4.5 to $4.25.

April 22, 2024 | 3:40 pm
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NEGATIVE IMPACT
Citigroup has maintained a Neutral rating on CI&T and reduced the price target from $4.5 to $4.25.
The reduction in price target by Citigroup, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in CI&T's stock price. The maintenance of a Neutral rating indicates that the analyst sees limited upside or downside potential from the current price level, but the lowering of the price target suggests a slight bearish outlook on the stock's valuation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100