-
Another Reason To Consider Bank ETFs
Thursday, June 2, 2016 - 10:18am | 577Once lagging financial services stocks and exchange traded funds have recently sprung to life amid speculation the Federal Reserve is nearing its first interest rate increase of 2016, perhaps as soon as this month. However, there are reasons investors should consider ratcheting up exposure to the...
-
UPDATE: Citigroup Reiterates Buy Rating, Raises PT for Linn Energy
Wednesday, June 27, 2012 - 10:28am | 173In a company update published earlier today, Citigroup Inc. reiterated its Buy rating for Linn Energy, LLC (NASDAQ: LINE) and very slightly raised its price target from $48.00 to $48.50. Citigroup went on to say “Our investment opinion reflects our view that these units offer investors a...
-
UPDATE: Citigroup Reiterates Sell Rating, Lowers PT for Walgreen
Wednesday, June 20, 2012 - 9:52am | 126In a company update published earlier today, Citigroup Inc. reiterated its Sell rating for Walgreen Co. (NYSE: WAG), but lowered its price target from $29.00 to $27.00. Citigroup went on to say “WAG announced a 45% equity stake in Alliance Boots, a global drug retailer with over 3,330 stores in 11...
-
UPDATE: Citigroup Reiterates Buy/High Risk Rating, Raises PT for Cheniere Energy
Friday, June 15, 2012 - 9:48am | 117In a company update published earlier today, Citigroup Inc. reiterated its Buy/High Risk rating for Cheniere Energy, Inc. (NYSE: LNG) and raised its price target from $16.00 to $26.00. Citigroup went on to say “We believe the key catalysts (besides moving past the remaining risks above) to unlock...
-
Citigroup Reiterates Buy Rating, $81 PT for ACE Limited
Wednesday, June 13, 2012 - 9:53am | 81In a company update published earlier today, Citigroup Inc. reiterated its Buy rating and $81.00 price target for ACE Limited (NYSE: ACE). Citigroup went on to say “ACE's ability to deploy excess capital, and mix of business (which includes A&H lines) will allow the company to earn ROEs above...
-
UPDATE: Citigroup Reiterates Neutral Rating, Lowers PT for Cooper Companies
Monday, June 11, 2012 - 10:47am | 161In a company update published earlier today, Citigroup Inc. reiterated its Neutral rating for The Cooper Companies, Inc. (NYSE: COO), but slightly lowered its price target from $86.00 to $85.00. Citigroup went on to say “COO reported F2Q12 operating EPS of $1.12, missing the Street and our...
-
UPDATE: Citigroup Reiterates Neutral Rating, Lowers PT for The Cooper Companies
Friday, June 8, 2012 - 10:10am | 234In a company update published earlier today, Citigroup Inc. reiterated its Neutral rating for The Cooper Companies, Inc. (NYSE: COO), but slightly lowered its price target from $86.00 to $85.00. Citigroup went on to say “COO missed Street revenue estimates by $6M driven by weaker than expected...
-
Citigroup Reiterates Buy Rating, $35 PT for Microsoft
Wednesday, June 6, 2012 - 11:27am | 120In a company update published earlier today, Citigroup Inc. reiterated its Buy rating and $35.00 price target for Microsoft Corporation (NASDAQ: MSFT). Citigroup went on to say “Our opinion remains that we could likely see a ‘sell on the news' move in the shares into and post launch given what may...
-
Citigroup Reiterates Buy Rating, $129 PT for Medivation
Monday, June 4, 2012 - 11:36am | 143In a company update published earlier today, Citigroup Inc. reiterated its Buy rating and $129.00 price target for Medivation, Inc. (NASDAQ: MDVN). Citigroup went on to say “Our target price of $129 is based on 30x our 2015 non-GAAP EPS estimate of $5.68 and discounted by 15% annually. We use a...
-
UPDATE: Citigroup Reiterates Buy Rating, Raises PT for Dollar General
Monday, June 4, 2012 - 11:18am | 186In a company update published earlier today, Citigroup Inc. reiterated its Buy rating for Dollar General Corporation (NYSE: DG) and raised its price target from $54.00 to $65.00. Citigroup went on to say “Dollar General is the largest U.S. dollar store operator in terms of sales as well as the...
-
UPDATE: Citigroup Reiterates Neutral Rating, Raises PT for DTE Energy
Monday, June 4, 2012 - 10:28am | 180In a company update published earlier today, Citigroup Inc. reiterated its Neutral rating for DTE Energy Company (NYSE: DTE) and raised its price target from $53.00 to $56.00. Citigroup went on to say “We believe DTE is fairly-valued when taking into account strong rate base growth prospects at...
-
UPDATE: Citigroup Reiterates Neutral Rating, Lowers PT for Golar LNG
Wednesday, May 23, 2012 - 10:40am | 120In a company update published earlier today, Citigroup Inc. reiterated its Neutral rating for Golar LNG Partners LP (NASDAQ: GMLP), but lowered its price target from $37.00 to $33.50. Citigroup said in its report “GMLP reported adj EBITDA (inc. non-controlling interest) of $40.6 mil vs our est of...
-
UPDATE: Citigroup Reiterates Neutral Rating, Lowers PT for BlackRock
Wednesday, May 23, 2012 - 10:30am | 136In a company update published earlier today, Citigroup Inc. reiterated its Neutral rating for BlackRock, Inc. (NYSE: BLK), but lowered its price target from $201.00 to $180.00. Citigroup said in its report “On the one hand, we believe the secondary absorbed significant demand and we see few...
-
Citigroup Reiterates Sell Rating, $26 PT for Quality Systems
Friday, May 18, 2012 - 1:18pm | 159In a company update published earlier today, Citigroup Inc. reiterated its Sell rating and $26.00 price target for Quality Systems, Inc. (NASDAQ: QSII). Citigroup went on to say “We are concerned about NextGen's deteriorating satisfaction scores as reported by KLAS and saturation in QSII's core...
-
UPDATE: Citigroup Maintains Buy Rating, Lowers PT for Avago Technologies
Wednesday, May 16, 2012 - 10:40am | 116In a company update published earlier today, Citigroup Inc. maintained its Buy rating for Avago Technologies (NASDAQ: AVGO), but lowered its price target from $44.00 $39.00. Citigroup said they kept their rating “as it offers both offensive and defensive attributes. Offensive traits include: 1) it...