Citigroup shares are trading higher after Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $66 to $79.
Portfolio Pulse from Benzinga Newsdesk
Citigroup shares are trading higher after Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $66 to $79.
July 30, 2024 | 2:58 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Overweight rating on Citigroup and raised its price target from $66 to $79, leading to a rise in Citigroup's share price.
The positive analyst rating and increased price target from a reputable firm like Morgan Stanley are likely to boost investor confidence and drive up Citigroup's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100