Rochdale Lifts Price Target on Citigroup (C) to $5

September 17, 2009 9:04 AM EDT

Rochdale Securities bank analyst Dick Bove raised his price target on Citigroup Inc. (NYSE: C) from $4 to $5.

Bove said he doesn't think Citigroup is about to sell common stock in an offering or the U.S. government will imminently start selling its common share position.


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C 4.06

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