Barclays Maintains Equal-Weight on Citigroup, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jason Goldberg maintains an Equal-Weight rating on Citigroup and raises the price target from $63 to $70.
October 16, 2024 | 7:52 pm
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POSITIVE IMPACT
Barclays has maintained its Equal-Weight rating on Citigroup while increasing the price target from $63 to $70, indicating a positive outlook.
The increase in the price target from $63 to $70 by Barclays suggests a positive outlook for Citigroup's stock, which could lead to a short-term price increase. The maintenance of the Equal-Weight rating indicates a balanced view, but the raised target price is a bullish signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100