Morgan Stanley raises Citigroup target to $164

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Key Highlights

Morgan Stanley analyst Betsy Graseck maintained an Overweight rating on Citigroup and raised the price target to $164 from $154. This follows a similar move by Truist Securities, which lifted its target to $158 from $147 under a Buy rating.

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Morgan Stanley analyst Betsy Graseck has maintained an Overweight rating on Citigroup and raised the price target to $164 from the previous $154. This adjustment follows a separate update from Truist Securities, where analyst John McDonald kept a Buy rating and increased the target to $158 from $147.

The revised targets from both firms reflect an updated outlook on the financial services giant's stock performance.

Firm Analyst Rating New Price Target Previous Price Target
Morgan Stanley Betsy Graseck Overweight $164 $154
Truist Securities John McDonald Buy $158 $147
Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What specific factors drove Morgan Stanley and Truist to raise their price targets for Citigroup?

How might Citigroup's upcoming earnings report influence further adjustments to these price targets?

What are the potential risks that could derail Citigroup's stock performance despite these optimistic projections?

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Wells Fargo raises Citigroup price target to $165

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Reviewed by
Radhika SScanX News Team
Key Highlights

Wells Fargo analyst Mike Mayo maintained an Overweight rating on Citigroup and raised the price target to $165 from $162.

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Wells Fargo analyst Mike Mayo has maintained an Overweight rating on Citigroup (NYSE: C) and increased the price target to $165 from $162. The adjustment reflects a revised outlook on the financial services giant's valuation potential.

Rating and Price Action

The research note underscores confidence in Citigroup's performance trajectory. The new price target of $165 represents an increment from the previous target of $162.

Metric Value
Rating Overweight
Previous Price Target $162
New Price Target $165
Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What specific valuation metrics or catalysts drove the modest increase in the price target?

How might Citigroup's ongoing restructuring efforts impact its ability to meet the new $165 target?

What are the potential risks to Citigroup's performance trajectory in the current economic environment?

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