Morgan Stanley Maintains Overweight on Citigroup, Raises Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck maintains an Overweight rating on Citigroup and raises the price target from $79 to $86.
September 30, 2024 | 4:15 pm
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Morgan Stanley has reaffirmed its Overweight rating on Citigroup and increased the price target from $79 to $86, indicating a positive outlook.
The increase in price target from $79 to $86 by Morgan Stanley suggests a positive outlook for Citigroup, likely leading to a short-term increase in stock price as investors react to the updated target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100