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Wells Fargo Reiterates Overweight Rating on Citi (C)

June 13, 2024 5:13 AM EDT

Wells Fargo analyst Mike Mayo reiterated an Overweight rating and $85.00 price target on Citi (NYSE: C).

The analyst comments "Citi remains our #1 pick given est. ROTCE from 6% to 10% (2023-2026E) even though we forecast that the Wealth LOB will fall far short of... More