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Citi Neutral on Linear Technology
Wednesday, October 19, 2011 - 7:49am | 146Citi Investment Research is out with a research report on Linear Technology (NASDAQ: LLTC) and it has a Hold rating and a $31 price target on shares. In a note to clients, Citi Investment Research writes, "LLTC stock dipped 4.4% after market Tuesday. N/T stock action will hinge on management...
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UPDATE: Citi Lowering Price Target On HCA Holdings
Tuesday, July 26, 2011 - 7:43am | 160Citi Investment Research is out with a research report on HCA Holdings, Inc (NYSE: HCA) and is lowering its price target to $38 from $41, and it has a Buy rating on shares. In a note to clients, Citi Investment Research writes, "HCA shares traded more than 19% lower after missing 2Q11 consensus...
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UPDATE: Citi Lowering Price Target On Genco Shipping & Trading
Tuesday, July 26, 2011 - 7:40am | 160Citi Investment Research is out with a research report on Genco Shipping & Trading Ltd. (NYSE: GNK) and is lowering its price target to $5 from $7.50, and it has a Sell/High Risk rating on shares. In a note to clients, Citi Investment Research writes, "We are lowering our 2Q11, 2012 and 2013...
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Citi Says Buy International Paper
Thursday, July 14, 2011 - 7:35am | 147Citi Investment Research is out with a research report on the pulp sector and says to buy International Paper Company (NYSE: IP). It has a $36 price target on shares. In a note to clients, Citi Investment Research writes, "Demand decline in uncoated freesheet - North American demand for one of IP...
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Citi Adds Verisign To Most Preferred
Wednesday, June 22, 2011 - 8:26am | 109Citi Investment Research is adding Verisign, Inc. (NASDAQ: VRSN) to a Most Preferred list. It has a $45 price target on shares, and it has a Buy rating on shares. In a note to clients, Citi writes, "Stock declines have been driven by concerns of disappointing .com/.net domain name adds in Q2...
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Citi Downgrades Research in Motion
Friday, June 17, 2011 - 7:54am | 142Citi Investment Research is downgrading shares of Research in Motion (NASDAQ: RIMM) after it reported earnings. It has a Sell rating, and cut the price target to $25 from $45. In a note to clients, Citi writes, "RIMM shares declined 14% post-close following tepid results & weak guidance. We...
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Citi Has Buy On Capital One
Wednesday, June 15, 2011 - 8:45am | 104Citi Investment Research has a Buy rating and a $60 price target on shares of Capital One Financial (NYSE: COF). In a note to clients, Citi writes, "COF May monthly managed credit data showed a -10 bps decline in the Nat'l Lending net charge-off (NCO) rate to 4.15% while delinquencies were up 5...
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Citi Has Buy On New York Times
Monday, June 13, 2011 - 7:35am | 90Citi Investment Research has a Buy rating and a $11.50 price target on shares of New York Times (NYSE: NYT). In a note to clients, Citi writes, "The success of NYTimes.com meter will primarily depend on how lost ad revenue from fewer page views compares to incremental revenue from the meter....
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Citi Discusses Wal-Mart
Friday, June 10, 2011 - 7:31am | 120Citi Investment Research is out with a research report on Wal-Mart (NYSE: WMT). In a note to clients, Citi writes, "WMT was the only retailer in our coverage universe to gain average market share in 2010. While the clubs' average food market share remained relatively flat during the year, the...
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Citi Discusses Investor Meeting WIth Norfolk Sourthern
Thursday, June 9, 2011 - 7:44am | 192Citi Investment Research is out with a research report on Norfolk Southern (NYSE: NSC), as the company held an investor meeting. It has a Buy rating and a $80 price target on shares. In a note to clients, Citi writes, "Norfolk Southern hosted its investor meeting Wednesday in Altoona, PA, and...
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Citi Reiterates Hold On Lowe's
Wednesday, June 8, 2011 - 7:36am | 158Citi Investment Research is out with a research report on Lowe's Cos Inc (NYSE: LOW) as it perused through the company's 10-Q. It has a Hold rating and a $28 price target on shares. In a note to investors, Citi writes, "LOW delivered a soft quarter in 1Q11, and we believe the company continues to...
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Citi Reiterates Buy On Amazon
Tuesday, June 7, 2011 - 7:29am | 105Citi Investment Research is reiterating its Buy rating and $240 price target on shares of Amazon.com (NASDAQ: AMZN). In a note to investors, Citi writes, "We are reiterating our Buy in the wake of key updates to our AMZN Long thesis. We continue to view favorably the long-term risk-reward on AMZN...
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Citi Has Buy On Convergys Corp
Friday, June 3, 2011 - 7:23am | 180Citi Investment Research has a Buy rating and a $17 price target on shares of Convergys Corp (NYSE: CVG). In a note to clients, Citi writes, "Convergys announced that it will sell its holdings in the "cellular partnerships" located in the Cincinnati metropolitan area to AT&T for approximately...
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Citi Positive On Windows 8
Thursday, June 2, 2011 - 7:53am | 266Citi Investment Research is out with a research report on Microsoft (NASDAQ: MSFT) as the company previewed its new operating system, Windows 8. It has a Buy rating and a $35 price target on shares. In a note to clients, Citi writes, "While demos are controlled and the general public has not...
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Citi Has Buy Rating On Symantec Corp.
Friday, May 27, 2011 - 7:26am | 182Citi Investment Research has a Buy rating and a $24 price target on shares of Symantec Corp. (NASDAQ: SYMC). In a note to investors, Citi writes, "Overall, no major surprises, but an increasing amount of detail, which sheds more light on FY11 performance and makes trend look more sustainable....