Japan's SMBC Nikko sets up investment banking team in New York: CEO

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UBS Raises Price Target on Citigroup (C) to $54 Following 1Q Report

April 18, 2016 8:23 AM EDT

UBS reiterated a Buy rating on Citigroup (NYSE: C), and raised the price target to $54.00 (from $50.00), following the company's 1Q earnings report. Citi reported 1Q results that were better than feared and offered a positive outlook that should ease concerns investors have around the... More