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Citigroup Dividend Paid as Analysts Lift Ratings and Price Targets

Citigroup logoCitigroup
Sig1.08Sen+1.65Env0.00Soc0.00Gov0.00

Compass Financial and UniSuper increased holdings in Citigroup, with UniSuper owning about 1,306,851 shares after adding 365,041. PNC also added shares. Research notes were largely positive: Royal Bank of Canada reaffirmed outperform with a $150 target, while Truist lowered its target to $154 and set buy, Zacks upgraded to strong-buy, and Morgan Stanley raised its objective to $164. Citigroup’s quarterly dividend was paid Aug. 28, and analysts forecast 11.21 EPS for the year.

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