Keefe, Bruyette & Woods Upgrades Citi (C) to Outperform

Article Stock Quotes (1) Comments (0)

Keefe, Bruyette & Woods upgraded Citi (NYSE: C) from Market Perform to Outperform with a price target of $44.00 (from $40.00), citing run-off of Citi Holdings and improving Basel III capital ratio.

The firm raised Q4 operating EPS est. from $0.84 to $0.89, FY13 from $4.10 to $4.25.

For an analyst ratings summary and ratings history on Citi click here. For more ratings news on Citi click here.

Shares of Citi closed at $32.75 yesterday, with a 52 week range of $21.40-$116.09.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• UPDATE: Cantor Fitzgerald Upgrades Cubist Pharmaceuticals (CBST) to Hold
• JANCO Partners Upgrades Clearwire (CLWR) to Market Perform
• Wunderlich Securities Upgrades Con-way (CNW) to Buy

Create E-mail Alert Related Categories

Upgrades

Related Entities

Keefe, Bruyette & Woods, Citi

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?