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C

Citi

$64.48

0.59 (0.92%)

07:41
06/20/17
06/20
07:41
06/20/17
07:41

Citigroup may shift to offense to revive lagging stock, WSJ reports

After years of playing defense by scaling back businesses and shrinking global retail-banking, Citigroup may shift to the offense looking to increase growth and profitability in areas including credit cards, Wall Street stock trading and retail banking, the Wall Street Journal reports, citing investors, analysts and top executives in the bank. The bank will be tested this week and next week as comprehensive capital analysis and review results are reported and shareholders expect the bank to improve capital returns. Reference Link

  • 25

    Jul

C Citi
$64.48

0.59 (0.92%)

06/09/17
06/09/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Zynga (ZNGA) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Brian Nowak saying the company's in-game innovation, starting with Poker, is resulting in higher engagement and monetization. 2. Citi (C) upgraded to Neutral from Sell at UBS with analyst Saul Martinez saying he sees an improved risk/reward at current share levels. Global growth "looks resilient," protectionist policies have not emerged, and the path forward for structural reforms in the U.S. "is not as clear." 3. Comerica (CMA) upgraded to Outperform from Market Perform at FBR Capital. 4. Camping World (CWH) upgraded to Buy from Neutral at Goldman Sachs with analyst David Tamberrino saying he expects growth to continue despite late-cycle concerns. 5. Humana (HUM) upgraded to Buy from Hold at Argus with analyst David Toung saying he is upbeat about its growth outlook following the termination of its merger deal with Aetna (AET). This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/09/17
RBCM
06/09/17
NO CHANGE
RBCM
House financial reform bill unlikely to advance in Senate, says RBC Capital
RBC Capital analyst Gerard Cassidy says that the financial regulation reform bill passed yesterday by the House would help the banking sector but probably won;t be passed by the Senate. Large publicly traded banks include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC).
06/09/17
UBSW
06/09/17
UPGRADE
Target $64
UBSW
Neutral
Citi upgraded to Neutral from Sell at UBS
Citi analyst Saul Martinez upgraded Citi to Neutral and raised his price target for the shares to $64 from $58. The analyst sees an improved risk/reward at current share levels. Global growth "looks resilient," protectionist policies have not emerged, and the path forward for structural reforms in the U.S. "is not as clear," Martinez tells investors in a research note. He views Citi as an attractive capital return story.
04/13/17
NOMU
04/13/17
NO CHANGE
NOMU
'Many think Wells Fargo EPS came in below expectations, says Nomura Instinet
Nomura Instinet analyst Bill Carcache says that "many investors" believe that Wells Fargo's Q1 EPS came in below expectations, given the 3c per share in reserve releases and the 7c per share profit it realized on "market-sensitive revenues" it reported. The analyst says that the "Results were characterized by softer- than-expected top-line growth, higher expenses, and lower provision." He notes that Wells Fargo, like JPMorgan (JPM) and Citi (C), reported slower loan growth. However, he keeps a Buy rating on Wells Fargo.

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SLM

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$11.49

0.02 (0.17%)

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VZ

Verizon

$51.72

0.06 (0.12%)

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VZ

Verizon

$51.72

0.06 (0.12%)

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  • 23

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BELFA

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Bel Fuse

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SLM

Sallie Mae

$11.49

0.02 (0.17%)

16:36
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  • 18

    Jan

AMGP

Antero Midstream GP

$20.89

-0.11 (-0.52%)

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  • 18

    Jan

AR

Antero Resources

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Antero Resources sees FY18 CapEx $1.45B »

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  • 18

    Jan

AR

Antero Resources

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Hot Stocks
Antero Resources sees Q4 net daily gas equivalent production 2,347 MMcfe/d »

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  • 18

    Jan

HBHC

Hancock Holding

$54.45

0.9 (1.68%)

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  • 18

    Jan

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  • 18

    Jan

AM

Antero Midstream Partners

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  • 18

    Jan

SBOW

SilverBow Resources

$31.48

0.52 (1.68%)

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  • 23

    Jan

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RDN

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0.13 (0.59%)

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HES

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F

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FAST

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  • 17

    Jan

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  • 18

    Jan

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    Jan

  • 24

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  • 25

    Jan

  • 25

    Jan

  • 31

    Jan

  • 31

    Jan

  • 01

    Feb

  • 15

    Feb

  • 16

    Feb

  • 21

    Feb

  • 26

    Feb

  • 14

    Mar

  • 25

    Mar

PTC

PTC

$66.77

1.5 (2.30%)

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  • 17

    Jan

MRC

MRC Global

, DCP

DCP Midstream

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DCP

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  • 16

    Feb

PLXS

Plexus

$64.36

0.59 (0.93%)

16:22
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  • 18

    Jan

  • 07

    Feb

NMRK

Newmark

$16.06

0.07 (0.44%)

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  • 09

    Feb

NEOT

Neothetics

$1.92

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