Citigroup Inc C reported better-than-expected earnings for its third quarter on Friday.
Citigroup reported a third-quarter FY23 net revenue increase of 9% year-over-year to $20.14 billion, beating the consensus of $19.32 billion. EPS of $1.63 beat the consensus of $1.21.
Citigroup shares fell 1% to trade at $41.01 on Monday.
These analysts made changes to their price targets on Citigroup following earnings announcement.
- BMO Capital increased the price target on Citigroup from $61 to $66. BMO Capital analyst James Fotheringham maintained an Outperform rating.
- Oppenheimer boosted the price target on Citigroup from $81 to $82. Oppenheimer analyst Chris Kotowski maintained an Outperform rating.
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