Loading...
Loading...
In a report published Monday, Morgan Stanley analyst Betsy L. Graseck reiterated an Overweight rating on
CitigroupC, but removed the $58.00 price target.
In the report, Morgan Stanley noted, “According to the June 13 article citing people familiar with the matter, the DoJ is looking for more than $10B to settle its probe into C's pre crisis RMBS issuance, and is likely to sue if C doesn't up its offer of less than $4B. Citi has not commented.”
Citigroup closed on Friday at $47.59.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in