Citigroup (C) News Today

Citigroup Inc. (NYSE:C) shares are trading higher amid upbeat analyst ratings, encouraging commentary on its restructuring and strategic initiatives, and broader market developments.

• Positive Sentiment: Oppenheimer raised its price target on Citigroup to $124.00 and maintained an “Outperform” rating, citing improved capital returns and efficiency gains. Oppenheimer Increases Citigroup Price Target
• Positive Sentiment: Wells Fargo reiterated its Buy rating on Citigroup, highlighting confidence in the bank’s restructuring progress and cost-cutting measures. Wells Fargo Reiterates a Buy Rating
• Positive Sentiment: A Seeking Alpha report notes that Citigroup’s rally is gaining traction as its multi-year restructuring begins to show tangible results in both revenue growth and expense control. Citigroup Rally Just Getting Started
• Positive Sentiment: Insiders say CEO Jane Fraser is exploring the acquisition of a brokerage firm, leveraging a more lenient regulatory environment, which could bolster Citigroup’s wealth-management franchise. Jane Fraser on hunt to put the old Citi back together
• Neutral Sentiment: Citigroup named Arnould Fremy as head of UK & EMEA transportation, a leadership move aimed at driving growth in its commercial and investment banking operations across the region. Citigroup names Arnould Fremy
• Neutral Sentiment: Citi analysts revised price targets on several high-profile tech and consumer stocks—such as Meta (META) and Western Digital (WDC)—reflecting the firm’s broader research optimism, which may indirectly support fee-based revenue. Citigroup Raises Price Target for META
• Negative Sentiment: New U.S. tariffs—including a 35% levy on Canadian goods—could weigh on cross-border trade volumes and FX activity, potentially dampening revenue in Citigroup’s corporate banking division. Trump orders a 35% tariff for goods from Canada