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Category Citi

Circle's Valuation Not Stretched, Says Citi, Starting Coverage With Buy Rating

Circle's Valuation Not Stretched, Says Citi, Starting Coverage With Buy Rating

Citi's $243 price target suggests roughly 34% upside from last night's close just above $181.
Citi Sees S&P 500 Soaring to 7,000 in Bull-Case Scenario – Here’s What Needs To Happen: Report

Citi Sees S&P 500 Soaring to 7,000 in Bull-Case Scenario – Here’s What Needs To Happen: Report

The third-largest US bank by assets reportedly expects the S&P 500 to surge by as much as 16% from current levels if the economy achieves certain c...
Citigroup to cut 3,500 tech roles as slowing Chinese economy affects businesses

Citigroup to cut 3,500 tech roles as slowing Chinese economy affects businesses

Along with other US financial firms, Citigroup has announced plans to reduce 3,500 technology-related jobs in China as part of worldwide cost-cutti...
Citi downgrades Constellation Brands following Meta deal

Citi downgrades Constellation Brands following Meta deal

Citi downgrades Constellation Energy after securing a 20-year nuclear power deal with Meta.
Billionaire Warren Buffett Pours $305,500,000,000 Into ‘Safe Haven’ Assets While Dumping Stakes in Citigroup, Bank of America and Capital One

Billionaire Warren Buffett Pours $305,500,000,000 Into ‘Safe Haven’ Assets While Dumping Stakes in Citigroup, Bank of America and Capital One

Billionaire Warren Buffett has funneled $305.5 billion into a safe-haven asset class, while slashing stakes in banking giants Citigroup, Bank of Am...