Filed under: Analyst Upgrades and Downgrades, Citigroup Inc. (C), JPMorgan Chase (JPM)
Keefe, Bruyette & Woods analysts upped their earnings outlook for Citigroup (C) Monday. KBW's forecast for Citigroup's 2010 earnings stands at 27 cents per share; up from an earlier forecast of 7 cents per share. But all the news wasn't good as the brokerage also stated concerns about the bank's recovery.
The brokerage kept its rating on Citigroup at market perform and left the price target at $4.70 per share. Fellow brokerage Oppenheimer seems to agree with KBW, as it maintained its outperform rating on Citigroup and held on to its price target of $4.45 per share.
Continue reading Citigroup Outlook Raised, but J.P. Morgan Preferred
Citigroup Outlook Raised, but J.P. Morgan Preferred originally appeared on BloggingStocks on Mon, 19 Jul 2010 11:30:00 EST. Please see our terms for use of feeds.
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Citigroup - JPMorgan Chase - BloggingStocks - Business - Keefe Bruyette & Woods