Citigroup's stock is a banking-sector bargain as ‘inflection point' looms, analyst suggests
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Barclays analyst Jason Goldberg has upgraded Citigroup's stock to overweight from equal weight, citing bullish prospects for 2025. This suggests that Citigroup is seen as a bargain in the banking sector, with an inflection point on the horizon.
January 06, 2025 | 1:30 pm
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Barclays analyst Jason Goldberg has upgraded Citigroup to overweight from equal weight, indicating a positive outlook for the bank's stock with bullish prospects for 2025.
The upgrade from equal weight to overweight by a reputable analyst suggests increased investor confidence in Citigroup's future performance, particularly with bullish 2025 prospects. This is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100