Credit Suisse Adds Citi (C) to 'Focus List'

February 27, 2012 11:52 AM EST
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Price: $131.65 +1.53%

Rating Summary:
    31 Buy, 11 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Credit Suisse added shares of Citi (NYSE: C) to the firm's "Focus List" Monday morning. The stock last traded at $32.75, up 1.2 percent from Friday's closing price.

Credit Suisse's Moshe Orenbuch believes Citi offers a "compelling" risk/reward profile for the multinational bank segment. The analyst cited earnings which have remained steady despite a concerning and difficult operating environement.

Orenbuch maintains an Outperform rating and $48 price target on shares of Citi.


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