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C

Citi

$70.27

-1.86 (-2.58%)

11:39
04/13/18
04/13
11:39
04/13/18
11:39

Citi CEO Corbat says environment 'remains unique, to say the least'

CEO Michael Corbat said on the Q1 earnings conference call that Citi is on track to deliver on targets announced at investor day. Says equities had best quarter in "many" years, says held onto gains in wallet share in investment banking. Corbat said that the environment "remains unique, to say the least," and that while U.S. corporations are starting to see benefits of tax reform and wage growth continues to improve, he adds that there are escalating tensions in geographies and that the U.S. is better served with less geopolitical tension. Citi is down 2.7% to $70.29 in late morning trading.

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C Citi
$70.27

-1.86 (-2.58%)

04/11/18
04/11/18
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. Citi (C) upgraded to Buy from Hold at HSBC with analyst Alevizos Alevizakos saying he sees improved profitability in the near-term, driven by U.S. dollar depreciation and tax reform, re-rating the shares higher. 2. BHP Billiton (BHP) upgraded to Buy from Hold at Deutsche Bank with analyst Liam Fitzpatrick saying the shares offer compelling value at current levels. 3. Mattel (MAT) upgraded to Hold from Underperform at Jefferies with analyst Stephanie Wissink saying the company's near-term risks are largely known and priced into the shares. 4. AeroVironment (AVAV) upgraded to Buy from Hold at Stifel with analyst Joseph DeNardi saying he sees the company benefiting from tailwinds including an improving defense budget environment, a heightened global threat environment, and "as strong a pipeline of opportunities" as he has seen in ten years. 5. Helmerich & Payne (HP) upgraded to Market Perform from Underperform at Wells Fargo with analyst Judson Bailey citing strength in the land rig market. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/11/18
HSBC
04/11/18
UPGRADE
Target $85
HSBC
Buy
Citi upgraded to Buy from Hold at HSBC
HSBC analyst Alevizos Alevizakos upgraded Citi to Buy and raised his price target for the shares to $85 from $82. The analyst sees improved profitability in the near-term, driven by U.S. dollar depreciation and tax reform, re-rating the shares higher. He believes the market is not fully appreciating Citi's leading credit card franchise and its growth prospects in Mexico.
04/05/18
04/05/18
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. Merck (MRK) upgraded to Overweight from Equal Weight at Barclays with analyst Geoffrey Meacham saying he believes the company will continue to take share in first-line lung cancer, driven by positive KN-189 and KN-042 data. 2. Acuity Brands (AYI) upgraded to Outperform from Market Perform at JMP Securities with analyst Joseph Osha saying he believes the stock is finally trading at a "reasonable valuation based on reasonable expectations." 3. AMD (AMD) upgraded to Buy from Hold at Stifel with analyst Kevin Cassidy citing valuation and the company's margin expansion potential. 4. Tiffany (TIF) upgraded to Buy from Hold at Loop Capital with analyst Laura Champine saying her initial meeting with the company's new CEO Alessandro Bogliogo added to her confidence. 5. Citi (C) and Wells Fargo (WFC) were upgraded to Buy from Neutral at UBS. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/05/18
UBSW
04/05/18
UPGRADE
Target $80
UBSW
Buy
Citi upgraded to Buy from Neutral at UBS
UBS analyst Raul Martinez upgraded Citi to Buy and raised his price target for the shares to $80 from $78. The risk/reward profile of owning the shares now skews positive, Martinez tells investors in a research note. He believes profitability in Citi's Global Consumer Banking "should grind higher" from current levels, while its capital optimization opportunities "remain considerable." The analyst is also encouraged by better loan growth and earnings momentum at Citibanamex. Martinez notes that Citi shares trade at a discount to all the banks he covers.

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BKD

Brookdale Senior Living

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PYPL

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GOOG

Alphabet

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MSFT

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MDR

McDermott

$14.61

-0.57 (-3.75%)

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McDermott call volume above normal and directionally bullish »

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SBGI

Sinclair Broadcast

$29.58

-0.06 (-0.20%)

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SBPH

Spring Bank Pharmaceuticals

$14.43

0.05 (0.35%)

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Breaking Hot Stocks news story on Spring Bank Pharmaceuticals »

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LKQ

LKQ Corp.

$28.19

-0.43 (-1.50%)

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Repeat call buyers in Call buyers in LKQ Corp as shares fall to 52-week lows »

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AG

First Majestic

$6.26

0.02 (0.32%)

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First Majestic call volume above normal and directionally bullish »

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  • 28

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

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$NYE

NYSE Market Internals

$0.00

(0.00%)

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DIS

Disney

$115.93

-1.16 (-0.99%)

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  • 08

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VLKAY

Volkswagen

$0.00

(0.00%)

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Porsche

$0.00

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Volkswagen

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BT

BT Group

$15.91

-0.05 (-0.31%)

, WP

Worldpay

$94.21

-2.455 (-2.54%)

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BT Group

$15.91

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WP

Worldpay

$94.21

-2.455 (-2.54%)

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SNAP

Snap

$6.76

-0.3 (-4.25%)

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AXP

American Express

$102.51

-1.88 (-1.80%)

, PYPL

PayPal

$77.80

-2.31 (-2.88%)

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AXP

American Express

$102.51

-1.88 (-1.80%)

PYPL

PayPal

$77.80

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GSVC

GSV Capital

$6.75

0.13 (1.96%)

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Far downside put buyers in GSV Capital Corporation »

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SCHW

Charles Schwab

$46.56

-1.49 (-3.10%)

13:55
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Options
Charles Schwab put volume heavy and directionally bearish »

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  • 19

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FSNUY

Fresenius SE

$0.00

(0.00%)

, AKRX

Akorn

$6.94

-0.18 (-2.53%)

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$6.94

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GT

Goodyear Tire

$20.47

-0.98 (-4.57%)

, CTB

Cooper Tire

$24.67

-0.97 (-3.78%)

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Goodyear, Cooper Tire slide after Michelin cuts full year market forecasts »

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GT

Goodyear Tire

$20.47

-0.98 (-4.57%)

CTB

Cooper Tire

$24.67

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MGDDY

Michelin

$0.00

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CTTAY

Continental AG

$0.00

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CNHI

CNH Industrial

$10.61

-0.44 (-3.98%)

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ZION

Zions Bancorp

$47.57

-0.86 (-1.78%)

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Zions Bancorp call volume above normal and directionally bullish »

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  • 22

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ARQL

ArQule

$4.52

-0.03 (-0.66%)

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  • 31

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$275.70

-4.71 (-1.68%)

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Technical Take: SPDR S&P 500 ETF falls, bearish pattern »

On the 1-year daily…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$275.70

-4.71 (-1.68%)

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