Citi

According to a research report published this morning, Citi has upgraded LinkedIn (NYSE: LNKD) from Neutral to Buy. In the report, Citi commented, "Through 4 quarters as a public company (and several years as a company), LNKD has delivered consistent and impressive results – 7 consecutive...

According to a research report published this morning, Citi has increased GlaxoSmithKline's (NYSE: GSK) PT to $50.43. In the report, Citi said, "We reiterate our BUY rating following recent underperformance after a weak 1Q. Our 2015E-18E EPS are 5-12% above consensus. Our new $50.43 Target Price...

According to a research report published this morning, Citi has initiated Supernus Pharmaceuticals (NASDAQ: SUPN) with a Neutral rating and $6 PT. In the report, Citi said, "Our PT is based on a DCF value of $6/share. Our upside & downside Trokendi market share scenarios show a DCF value of...

According to a research report published this morning, Citi has upgraded Carter's (NYSE: CRI) from Neutral to Buy, and raised PT from $54 to $62. In the report, Citi said, "We are upgrading CRI to a Buy based on topline growth of 10%+ over the next several years (retail expansion, international,...

In a research report released by Citi this morning, Constellation Brands (NYSE: STZ) is doing well with its turnaround efforts. According to Citi, "Today, we hosted STZ's CFO, Bob Ryder, at our conference in NYC. While the long-term turnaround is taking time (and is taking longer than many...

According to a research report published this morning, Citi has lowered Cablevision System's (NYSE: CVC) PT from $23 to $21. In the report, Citi said, "Cablevision's thinner management ranks, heavy FiOS overlap, high debt load, tepid top-line and elevated capex have all the hallmarks of a troubled...

According to a research report published this morning, Citi has initiated Forum Energy Technologies (NYSE: FET) with a Buy rating and $29 PT. Citi said in the report, "We believe the company has targeted some of the highest growth markets in oilfield services and that, following its IPO and...

According to a research report published this morning, Citi has upgraded Safeway (NYSE: SWY) from Neutral to Buy, and raised PT from $22 to $26. In the report, Citi said, "We are upgrading SWY to Buy, from Neutral, based on: 1) topline growth driven by Just For You (J4U), a return to eating at...

According to a research report published this morning, Citi has initiated Ares Commercial Real Estate (NYSE: ACRE) with a Buy rating and $20 PT. In the report, Citi said, "ACRE shares have traded down -13% from the IPO price of $18.50 and now trade at 0.88x post IPO book value (versus direct peers...

According to Citi, Legg Mason (NYSE: LM) is upgraded to Buy. Citi said that the announcement comes following mixed C1Q post call update. “Cognizant of the strong outperformance on 5/16 (up 7.5% vs. median 50 bps decline for Traditionals), we nonetheless see further follow through as investors...