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Citi Has Buy on Meredith Corp
Wednesday, October 12, 2011 - 3:36pm | 149Citi Investment Research is out with a research report on Meredith Corp (NYSE: MDP) and it has a Buy rating and a $33 price target on shares. In a note to clients, Citi Investment Research writes, "Meredith announced it acquired Every Day with Rachael Ray magazine and related digital media assets...
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UPDATE: Citi Lowering Price Target on Unum Group
Tuesday, October 11, 2011 - 3:44pm | 128Citi Investment Research is out with a research report on Unum Group (NYSE: UNM) and is lowering its price target to $27 from $29, but is keeping its Buy rating on shares. In a note to clients, Citi Investment Research writes, "We reiterate our Buy rating on UNM's shares but have lowered our...
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Citi Maintains Buy on MetLife
Monday, October 10, 2011 - 3:02pm | 97Citi Investment Research is out with a research report on MetLife (NYSE: MET) and it has a Buy rating and a $42 price target on shares. In a note to clients, Citi Investment Research writes, "Have reduced 2011E to $4.90 to reflect 3Q11 charges of $115M-$113M for adopting Social Security death...
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Citi Neutral on Autodesk
Monday, October 10, 2011 - 8:12am | 168Citi Investment Research is out with a research report on Autodesk, Inc. (NASDAQ: ADSK) and it has a Neutral rating and a $28 price target on shares. In a note to clients, Citi Investment Research writes, "Our proprietary Vertical Tracker (330 companies over 30 countries) is starting to show...
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UPDATE: Citi Raising Price Target on Federated Investors
Monday, October 10, 2011 - 7:58am | 147Citi Investment Research is out with a research report on Federated Investors, Inc (NYSE: FII) and is raising its price target to $15.50 from $15, but it has a Sell rating on shares. In a note to clients, Citi Investment Research writes, "Our caution reflects ongoing money markets exposure, at...
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Citi Neutral on Invesco
Monday, October 10, 2011 - 7:54am | 112Citi Investment Research is out with a research report on Invesco Ltd (NYSE: IVZ) and it has a Neutral rating and a $17 price target on shares. In a note to clients, Citi Investment Research writes, "According to the WSJ on 10/7, Wilbur Ross is having trouble raising WLR V. Per the article, Mr....
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Citi Maintains Buy on McDermott International
Friday, October 7, 2011 - 8:00am | 119Citi Investment Research is out with a research report on McDermott International Inc (NYSE: MDR) and it has a Buy rating and a $22.50 price target on shares. In a note to clients, Citi Investment Research writes, "MDR generated a total return of 19.9% this week, which compares to an 8.1% gain by...
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UPDATE: Citi Lowering Price Target on StanCorp Financial
Thursday, October 6, 2011 - 8:23am | 146Citi Investment Research is out with a research report on StanCorp Financial (NYSE: SFG) and it is lowering its price target to $30 from $32, but is keeping its Hold rating on shares. In a note to clients, Citi Investment Research writes, "There is no change to our Hold rating, but we have reduced...
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UPDATE: Citi Lowering Price Target on MedAssets
Thursday, October 6, 2011 - 8:18am | 125Citi Investment Research is out with a research report on MedAssets, Inc. (NASDAQ: MDAS) and it is lowering its price target to $10 from $15, but it keeping its Hold rating on shares. In a note to clients, Citi Investment Research writes, "We are maintaining our Hold rating on MDAS shares, but...
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Citi Upgrading Liberty Interactive
Thursday, October 6, 2011 - 7:58am | 117Citi Investment Research is out with a research report on Liberty Interactive (NASDAQ: LINTA) and is upgrading shares to Buy and is raising its price target to $19 from $18. In a note to clients, Citi Investment Research writes, "We believe the stock has been excessively punished since the...
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Citi Downgrading Becton, Dickinson
Thursday, October 6, 2011 - 7:55am | 117Citi Investment Research is out with a research report on Becton, Dickinson and Co. (NYSE: BDX) and is downgrading shares to Hold and is lowering its price target to $79. In a note to clients, Citi Investment Research writes, "Reducing our target to $79 on a lower P/E of 13x (previous 14x) on...
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Citi Upgrading Edison International
Thursday, October 6, 2011 - 7:43am | 173Citi Investment Research is out with a research report on Edison International (NYSE: EIX) and is upgrading shares to Buy and raising its price target to $45. In a note to clients, Citi Investment Research writes, "We are lifting our target price to $45/share from $40/share. The uplift to out...
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Citi Maintains Buy on Las Vegas Sands
Thursday, October 6, 2011 - 7:37am | 92Citi Investment Research is out with a research report on Las Vegas Sands (NYSE: LVS) and it has a Buy rating and a $58 price target on shares. In a note to clients, Citi Investment Research writes, "Reflecting the current share price of Sands China, we have reduced our sum-of-the-parts valuation...
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Citi Has Hold on National Grid
Wednesday, October 5, 2011 - 9:53am | 98Citi Investment Research is out with a research report on National Grid PLC (NYSE: NGG) and it has a Hold rating and a $47.05 price target on shares. In a note to clients, Citi Investment Research writes, "We update our forecasts for latest company and economic data as well as information provided...
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UPDATE: Citi Raising Price Target on PPL
Wednesday, October 5, 2011 - 9:50am | 81Citi Investment Research is out with a research report on PPL Corp. (NYSE: PPL) and it has a Hold rating and is raising its price target to $28 from $29. In a note to clients, Citi Investment Research writes, "We are raising our target price to $29/share and lifting our target multiple on US...