Citigroup has had a volatile stretch, marked by its stock losing 17.9% within a month. Despite this, some propose that the drop provides an opportunity for investment. Citigroup analysts, with their focus on market shifts, have encouraged buying hard-hit AI stocks and assert the current chaotic market phase presents a favorable time to invest in US defense stocks. In a similar vein, amid a dip in trucking stocks, Citigroup perceives proximity to opportunity. Furthermore, Citigroup has initiated coverage on new stocks like
89bio and
Avidity Biosciences and upgraded certain stocks like China's and
NET Power.
However, amid these developments, there has also been a shift from US equities toward
Chinese stocks from Citigroup, attributed partially to the fading of America First policy. Amid diverse predictions, Citigroup's expectation for Manhattan Associates' stock price was lowered, paralleling downgrades to other stocks. However, Citigroup's stock holds appeal for investors, often regarded as undervalued and possessing potential for strong price appreciation. Amid rebuilding efforts, Citigroup plans to cut IT contractors, which led to a dip in their share price. In all, these updates reveal a dynamic phase for Citigroup.
Citigroup Stocks News Analytics from Tue, 10 Dec 2024 08:00:00 GMT to Sat, 15 Mar 2025 21:07:29 GMT -
Rating 0
- Innovation -3
- Information 10
- Rumor 2
