Citigroup Dividend Paid as Analysts Lift Ratings and Price Targets
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.