20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Citigroup Inc (NYSE:C) reported better-than-expected second-quarter financial results.
Citigroup reported a second-quarter FY23 net revenue decline of 1% year-over-year to $19.44 billion, beating the consensus of $19.27 billion. EPS was $1.33, above the consensus of $1.30.
Citigroup expects FY23 adjusted revenue of $78 billion - $79 billion vs. consensus $78.86 billion.
Citigroup shares fell 4.1% to close at $45.75 on Friday, and lost 0.4% in today’s pre-market trading session.
These analysts made changes to their price targets on Citigroup following earnings announcement.
- BMO Capital lowered the price target on Citigroup from $64 to $62. BMO Capital analyst James Fotheringham maintained the stock with an Outperform rating.
- Oppenheimer increased the price target on Citigroup from $84 to $88. Oppenheimer analyst Chris Kotowski maintained an Outperform rating.
- Credit Suisse analyst Susan Roth Katzke reiterated Citigroup with a Neutral and maintained a $50 price target.
Now Read This: Market Volatility Declines; S&P 500 Settles Lower But Posts Weekly Gain
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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