Citigroup has made notable adjustments to its stock price targets and ratings, raising its targets for AutoZone to $4,300, Broadcom to $500, and Cummins to $770, while reducing targets for A.O. Smith to $65 and Salesforce to $188. Additionally, Citi upgraded Lowe's to 'Buy' and anticipates significant gains from its new co-branded card deal with American Airlines by 2026. These strategic moves highlight a shift in market sentiment and investor expectations across several sectors.
“Holders of uncertificated ADSs in DTC · will be · automatically exchanged by Citibank N.A. · no ordinary shares will be issued or cancelled”
“A.O. Smith · price target lowered to · Citi · $65 from $74”
“AutoZone · price target raised to · $4,300 · from $4,200 at Citi”
“Citi · raised its price recommendation on · The Goldman Sachs Group, Inc. · $930 from $765”
“Citi group · reduction in share count · percentage · 3.1%”
“Citigroup · rated the stock as · Buy · (Raises Target to $1300)”
“Citi · kept · a Buy rating”
“Citi · trimmed its Abbott price target · to US$136 · from US$140”
“Citi · trimmed its price target on · Salesforce · $188 from $200”
“Citi · maintained its rating on · Salesforce · Neutral”
“Citi · models · revenue decline on Tableau · 2% to 5%”
“Citi · models · revenue decline on Tableau · about 10 percentage points below prior expectations”
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