Information Provided By: 
Fly News Breaks for February 22, 2019
C
Feb 22, 2019 | 07:36 EDT
Jefferies analyst Ken Usdin upgraded Citi to Buy from Hold and raised his price target for the shares to $73 from $64. The analyst believes Citi's 2019 will show better revenue growth, stable costs and credit trends, as well as $20B-plus of capital returns. He believes the stock's risk/reward is "skewed to the positive," especially if Citi starts showing tangible progress toward its 13.5% ROTCE goal for 2020. Further, the Mexico and Latin America "story adds to Citi growth/return profile," Usdin tells investors in a research note.
News For C From the Last 2 Days
C
Apr 21, 2024 | 06:24 EDT
Shares of Walmart-backed (WMT) Ibotta soared in their market debut, rising more than 30% and giving the digital marketing company a valuation of about $3. 55B... To see the rest of the story go to thefly.com. See Story Here
