Citigroup Inc
NYSE: C
$68.03
-$0.87 (-1.3%)
Real Time Data Delayed 15 Min.
C Articles
Apple offered an explanation and a cheap fix for slowdowns in older iPhones, a Netflix original movie drew a huge audience, and more important headlines.
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The December 15 short interest data have been compared with the previous figures, and short interest in most of these selected bank stocks increased.
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The top analyst upgrades, downgrades and other research calls from Wednesday include American Electric Power, Bank of America, Citigroup, Equinix, JD.com, Ralph Lauren and Sensata Technologies.
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Here are two top new money plays for 2018 with good upside and two additional picks for investors looking for additional banks to consider.
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Bank stocks are very expensive now, and JPMorgan has just five that it currently recommends, two big money center leaders and three top regional banks.
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Even after the financial firms have reported earnings in the past two weeks we have seen another round of analysts raising their price targets on major banks.
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With the Federal Reserve expected to raise rates in December, and again in 2018, these stocks make good long-term holdings in growth accounts.
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Jefferies remains positive on five top large cap banks that are still offering investors upside potential after an extremely large run in the sector.
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The top analyst upgrades, downgrades and other research calls from Monday include Adobe, Apple, Bristol-Myers, Citigroup, Ford, Groupon, Phillips 66 and United Rentals.
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Citigroup reported better-than-expected third-quarter financial results before the markets opened on Thursday.
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In a new report, the IMF has also shown that some of the world's largest financial institutions could struggle to remain sufficiently profitable in the coming years.
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Citigroup is scheduled to release its most recent quarterly earnings report before the markets open on Thursday. It will be the first of the major banks to report earnings and kick off the season.
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Many banks and financial firms have seen their price targets and expectations raised by analysts ahead of this earnings season.
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24/7 Wall St. has put together a preview of Bank of America, Wells Fargo and some of the major companies reporting their quarterly results this week.
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The top analyst upgrades, downgrades and other research calls from Tuesday include Altria, Apple, Discovery, DowDuPont, JPMorgan, Red Hat and T-Mobile.
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