Goldman Sachs Removes JPMorgan (JPM) from Conviction Buy List
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Goldman Sachs Adds Citigroup (C) to its Conviction Buy List
January 4, 2013 6:58 AM ESTGoldman Sachs added Citigroup (NYSE: C) to its Conviction Buy List with a price target of $49.00 (from $42.00).
The firm said the shares are mispriced given its earnings power, especially considering further restructuring could result in an 11% ROTCE over time.
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