Citi Research

Shares of Level 3 Communications, Inc. (NYSE: LVLT) hit a new 52-week high of $57.59 and gained more than 4 percent on Wednesday after Benzinga Pro reported that an industry source said the company is exploring strategic alternatives, including a sale of itself. Michael Rollins of Citi Research...

Citi Research analyst Tina Fordhan recently took a look at the latest poll numbers surrounding the 2016 U.S. presidential election. The Real Clear Politics poll average indicates Democrat Hillary Clinton leading Republican Donald Trump 44.9 percent to 40.3 percent. According to Fordhan, voters...

Trust in the federal government has steadily declined since George W. Bush's administration, according to Citi Research and a trust index called the "Edelman Trust Barometer." The Edelmen Trust Barometer is an average of a country's trust in government, business, media and NGOs. Among Republicans,...

Citi Research initiated coverage on Callon Petroleum Company (NYSE: CPE) with a Neutral rating. According to the report published Wednesday, the company has quality assets and good balance sheet, but needs more inventory for meaningful upside. The analysts noted the strong balance sheet provides...

In a new report, Citi Research analyst Mark May took a close look at shareholder concerns regarding Amazon.com, Inc. (NASDAQ: AMZN)’s AWS pricing. AWS currently accounts for 40 percent of Amazon’s operating income and is projected to make up 65 percent of the company’s income...

Citi has downgraded a handful of U.S. refiner stocks based on shrinking differentials and falling production. The firm maintains Buy ratings on several names in the space. Citi predicts a $4.50/bbl WTI/Brent differential in 2016. Earnings season for U.S. refiners is kicking off soon, and Citi...

Citi believes that offshore drillers remain stock pickers’ territory. While it might take years for share prices to recover, the firm sees risk to the upside. Citi suggests pair trades as a way to eliminate much of the downside risk in the space. In a new report, Citi Research analyst Scott...

Alcoa Inc (NYSE: AA) has announced that it will be splitting its Value-Add and Upstream businesses into separate public companies. The decision is somewhat of a surprise given the company’s past statements and the current commodity environment. Citi fails to see the benefits to such a move,...

Post-crisis global growth rates have been lackluster, but credit levels are at all-time highs. The majority of new credit creation in recent years has occurred in emerging markets. Stalling capital inflows into emerging markets could continue to weigh on global growth. In a new report, Citi...

A new Citi Research report looked at REIT ownership trends over the past year. Hedge funds account for about 4 percent of total REIT ownership. Hedge funds have remained mostly neutral in their REIT allocation over the past year. Citi Research recently released a huge report that took an in-depth...

A new Citi Research report looked at REIT ownership trends over the past year. Citi identified five keys to a bullish outlook for REITs. REIT ETFs are a great way to gain diversified exposure in the space. Citi Research recently released a huge report that took an in-depth look into trends in...

Only a few weeks ago, a growing majority seemed to think that a September rate hike by the FOMC was inevitability. My, how things have changed. In a new note out this week, Citi Research analyst William Lee took a look at how the past week of market instability has affected the potential for a...

Stocks are on the rise around the world on Tuesday following new Chinese central bank policies aimed at supporting its ailing economy. While the moves have been perceived as good news by investors, Citi Research’s latest weekly track-chart on the Chinese stock market is still showing more...

In a new report this week, Citi Research analyst Jason Bazinet looks at the increasing complexity in the home security market. As homes become more and more connected, a new segment of “smart home” security solutions has been born. Competition Heating Up In recent years,...

On Friday, Citi Research led off its weekly REIT and lodging report with a "cheat sheet" for investors looking to play the odds on "earnings roulette." According to Citi, "Over the last three years, REITs that out- or underperform the index on the day of their release...