JPMorgan Upgrades Citi: Positive Outlook for 2026
JPMorgan upgrades Citi to Overweight, citing strong economy, markets, and improved profitability. Price target raised to $124.
JPMorgan upgrades Citi to Overweight, citing strong economy, markets, and improved profitability. Price target raised to $124.
Citigroup crushed revenue estimates in Q3 2025 across all major businesses, despite high costs and a loss on the Banamex sale.
Major banks are competing for lead roles in what could be history's largest IPO as Trump administration plans to take Fannie Mae and Freddie Mac public, with Goldman Sachs, JPMorgan, and others vying for position.