Seeking Alpha

Citi loses Buy rating at Sterne Agee

  • Citing concerns over controls raised by the Fed when rejecting Citigroup's (C) capital return proposal, increasing regulatory risk, slowing earnings growth, and no positive catalysts on the horizon, Sterne Agee  pulls its Buy rating on the name and lowers the price target to $52 from $60.
  • Shares -0.7% premarket
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs