KBW Reiterates Outperform Rating on Citi (C): 'The Path to 10-11% Becomes Clearer'

Keefe, Bruyette & Woods analyst Christopher McGratty reiterated an Outperform rating and $118.00 price target on Citi (NYSE: C).

The analyst commented: "The Path to 10-11% Becomes Clearer; Mark Mason, current CFO, and Gonzalo Luchetti, Head of USPB and incoming CFO, presented at a competitor's conference earlier today. Sentiment was fairly mixed, with near-term softness in the markets business being largely offset by positive expense and NII commentary regarding the outlook for 2026 as Citi's path toward its 10-11% ROTCE target takes a clearer shape."

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 $109.43 yesterday.

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