Reported 2 months ago
In a recent analysis of third quarter earnings, Citi was described as having a 'little sluggish' performance by CFRA's Ken Leon, despite holding a Buy rating with a target of $73 per share. This comes as Goldman Sachs reported a significant rise in investment banking fees. Leon indicated that Citi is in a phase of transformation and is focusing on streamlining its operations.
Source: YAHOO