Citigroup Inc. has been highlighted as a cheap dividend stock to consider buying, with several billionaires implying it may be undervalued. A positive forecast was issued for
Darden Restaurants and
EQT stocks, whilst
DRI, EQT, Boston Beer shares,
Indian and
Chinesestocks, including
KeyCorp - Preferred Stock got an upgrade. Projections for
Americold Realty Trust,
Micron Technology,
EOG Resources,
Transocean,
Occidental Petroleum stocks, however, took a hit with target price reductions.
RLX Technology, Polaris and
BRP stocks were also downgraded. Executive bonuses at Citigroup have been cut due to the bank's revamp efforts, and bank stocks, including Citigroup,
Goldman Sachs,
SoFi,
JPMorgan Chase,
Wells Fargo reportedly took a major dive, possibly due to recession fears and ongoing trade war tensions, particularly with Canada. Citigroup also downgraded US stocks in favor of
Chinese equities amidst concerns about the US economy's future. Despite this,
Citigroup has generally done well, with the stake being increased by several organizations, and some view it as the best undervalued, extreme value, safe, or DRIP dividend stock to buy. On a sour note,
Warren Buffet has been selling Bank of America and Citigroup stocks.
Citigroup Stocks News Analytics from Tue, 10 Dec 2024 08:00:00 GMT to Sat, 22 Mar 2025 19:12:50 GMT -
Rating 0
- Innovation -5
- Information 5
- Rumor -3
