Citi Shares Jump on Earnings Beat, Stock Buyback Plan
Citigroup said its board of directors authorized a new multiyear $20 billion stock buyback program that will begin in the first quarter of 2025, helping to trigger a surge in the share price. CFO Mark Mason said the planned buyback reflects confidence in the bank’s strategy.
Citi analysts revised the price target for iQIYI shares, traded on NASDAQ:IQ, to $2.80 from the previous target of $3.00. Despite the reduction, the firm upheld its Buy rating on the stock. The ...
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
Goldman Sachs ( GS 6.02%), and Citigroup ( C 6.49%) were all higher by 5% or more for the day. There are two main reasons why ...
Citigroup's Q4 earnings will be closely watched, particularly its total expenses and credit quality, as it aims to streamline ...
As we head into earnings season, investors are wondering if 2025 might be another excellent year for bank stocks. Citigroup and Charles Schwab appear to be compelling names at this point in the ...
Atlassian (NASDAQ: TEAM) stock enjoyed a modest price bump of 1.7% through 11:30 a.m. ET Wednesday after earlier enjoying a ...
Citigroup's stock could double in value over the next three years as profits surge, expenses moderate, and the "most ...
Citi raised the firm’s price target on Block to $108 from $90 and keeps a Buy rating on the shares as the analyst took over coverage of the ...
The broker released its best investment ideas for the smaller end of the sharemarket this year, which includes a retailer, a ...
We recently published a list of 12 Best Safe Dividend Stocks for 2025. In this article, we are going to take a look at where ...
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