Citigroup Inc (C) continues to attract positive attention from significant players in the market, securing a spot among Greenhaven Associate's top stock picks and achieving a new 12-month high. Despite financial entities exhibiting lagging performance relative to Citigroup, various investment groups and wealth management firms have amplified their positions in Citigroup, striking with tens of thousands of stock purchases. The investments include both new positions and increased stakes by entities like Stratos Wealth Partners, Lockheed Martin Investment Management Co, YANKCOM Partnership, or abrdn plc. Citigroup's recent strategic moves and projected $20B stock buyback have sent its stocks soaring, drawing a prediction for a rally that extends into 2025. Other professional opinions divide, where some see Citigroup as
the best bank stock to buy in 2025, others simply recommend keep holding it. The financial services group has made sweeping decisions involving other companies too, from upgrading Hershey's stock to downgrading Nike due to turnaround challenges.
Citigroup also issues pessimistic forecasts for different stocks including ServiceNow or Western Digital, and cuts price targets for AMD and Amazon while maintaining their Buy rating.
Citigroup’s outlook seems to be rising with promising forecasts for stocks like Boston Scientific, Blackstone, or Roblox.
Citigroup Stocks News Analytics from Wed, 06 Nov 2024 08:00:00 GMT to Sat, 08 Feb 2025 18:16:21 GMT -
Rating 8
- Innovation -3
- Information 7
- Rumor -5
