Deutache Bank Upgrades Citigroup (C) to Neutral
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Deutache Bank upgrades Citigroup (NYSE: C) from Sell to Neutral and raises their price target from $14 to $20. The firm said, "Citigroup reported results that should help ease concerns of an imminent capital raise, that show run-rate annual earnings of $2/share, and credit quality that is not so different than peers."
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