Citigroup Shares Surge on Analyst Confidence, Russia Exit
Update: 2026-01-05
Description
Citigroups stock surged by 3.6% in morning trading following Barclays price target increase to $146, a nearly 27% hike, indicating strong analyst confidence. The banks board approved selling its remaining Russian operations, which will boost its capital ratio and reduce risky assets. The stock reached a new 52-week high, up 4% from the previous close, and a $1000 investment from five years ago would now be worth $2100. Checkout Solipillow.com
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