Rafferty Capital Upgrades Citi (C) to Hold
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Bernstein Upgrades Citi (C) to Outperform
April 15, 2014 6:39 AM EDTBernstein upgraded Citi (NYSE: C) from Market Perform to Outperform with a price target of $57.00 (from $52.00).
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 $47.67 yesterday.
... MoreGoldman Sachs Comments on Citi (C) Q1 Results
April 14, 2014 11:44 AM EDTGoldman Sachs maintained a Neutral rating on Citi (NYSE: C) with a price target of $54. Analyst Richard Ramsden commented on Citi's Q1 performance.
"C reported 1Q14 EPS of $1.23 vs. our estimate of $1.17, with core EPS of $1.54 vs. our like estimate of $1.36 (beat mainly... More
Citigroup, Inc. (C) Tops Q1 EPS by 16c
April 14, 2014 7:59 AM EDT(Updated - April 14, 2014 8:03 AM EDT)
Citigroup, Inc. (NYSE: C) reported Q1 EPS of $1.30, excluding CVA/DVA, versus the analyst estimate of $1.14. Revenue for the quarter came in at $20.1 billion versus the consensus estimate of $19.38 billion.
Michael Corbat, Chief Executive Officer of Citi, said, Despite a quarter that was difficult for our company, we delivered strong results. Both our consumer and institutional businesses performed well and we grew both loans and deposits while holding the line on our expenses. We reduced our deferred tax assets more than any other quarter since the crisis... More
