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Citigroup (C) is upgraded to Buy at Sterne Agee, which calls the installation of Mike Corbat at...

Citigroup (C) is upgraded to Buy at Sterne Agee, which calls the installation of Mike Corbat at CEO a game-changer (that was 3 months and 20% ago; thanks). Potential volatility tied to the eurozone is the biggest threat to the bank, but that situation appears to be stabilizing (that's older news than the Corbat hiring).
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Comments (3)
  • DeepValueLover
    , contributor
    Comments (10017) | Send Message
     
    The market's #1 bargain?

     

    (C) TARP warrants.
    3 Jan 2013, 08:08 AM Reply Like
  • mikhail.shimonov
    , contributor
    Comments (10) | Send Message
     
    Damn snail mail!
    3 Jan 2013, 08:26 AM Reply Like
  • charliezap
    , contributor
    Comments (1998) | Send Message
     
    Where was this analyst when Citi was 25 and change back in August? With TBV (Tangible Book Value) around 50, there is still upside, but the stock is no longer a double.
    3 Jan 2013, 09:32 AM Reply Like
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