Bank of America beats profit estimates on surge in advisory, lending

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Credit Suisse Reiterates Outperform Rating on Citi (C) Following 3Q Report

October 17, 2019 7:08 AM EDT

Credit Suisse analyst Susan Katzke reiterated an Outperform rating and $80.00 price target on Citi (NYSE: C) following the company's 3Q earnings report. Citi reported 3Q eps of $2.07, beating the consensus of $1.95. The upside was tied to more revenue and lower than forecast credit costs.... More