Citigroup facing new regulatory knock on its living will, source says
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RBC Capital Reiterates Outperform Rating on Citi (C)
June 18, 2024 10:27 AM EDTRBC Capital analyst Gerard Cassidy reiterated an Outperform rating and $66.00 price target on Citi (NYSE: C)
The analyst comments "Citi's strategy and path forward remains largely unchanged. Today's presentations will highlight Citi's Services segment. Below we highlight Citi's 2024 outlook and medium-term financial targets,... More
Jefferies Reiterates Hold Rating on Citi (C)
June 18, 2024 10:21 AM EDTJefferies analyst Ken Usdin reiterated a Hold rating and $65.00 price target on Citi (NYSE: C)
The analyst comments "At its Services Investor Day, Citi held to firmwide med.-term ROTCE of 11%-12% (by 2026), driven by 4%-5% rev. CAGR and a... More
Evercore ISI on Citi (C): 'We expect the day to be a confidence builder and modestly positive to the story'
June 18, 2024 9:30 AM EDTEvercore ISI analyst Glenn Schorr reiterated an In Line rating and $60.00 price target on Citi (NYSE: C).
The analyst comments "Citi is hosting a Services investor day today in an effort to increase the understanding and appreciation for what is arguably their best business. At the highest level, the deck shows medium term targets for Services revenue growth for the next 3 years to be up low to mid single digits and ROTCE to hit the mid 20s both might be a smidge above Street expectations. At first... More
