Citigroup

In a report published Tuesday, Citigroup analyst Faisel Khan resumed coverage on Kinder Morgan Inc (NYSE: KMI) with a Neutral rating, down from Buy, and $45.00 price target, up from $42.00. In the report, Citigroup noted, “We are resuming coverage on KMI with a Neutral rating, previously a Buy. We...

In a report published Tuesday, Citigroup analyst Mark May upgraded the rating on Amazon.com, Inc. (NASDAQ: AMZN) from Neutral to Buy, and raised the price target from $325.00 to $354.00. In the report, Citigroup noted, “We are upgrading Amazon to Buy for three main reasons: 1) We believe Amazon's...

In a report published Tuesday, Citigroup analyst Jeremy David reiterated a Neutral rating and $94.00 price target on GoPro Inc (NASDAQ: GPRO). In the report, Citigroup noted, “After our CES meeting with GoPro CFO Jack Lazar last week, we wrote that Lazar had stated margins on the $130 HERO device...

Citigroup's David Driscoll on Monday downgraded six food manufacturing companies as Nielsen data suggests a continuation of substantial U.S. food volume declines in 2015. “Critically, we see no broad-based evidence in our most recent food, retail scanner data that suggest any optimism...

GoPro Inc (NASDAQ: GPRO) could get left behind in the point-of-view camera market in a shift to cheaper, wearable "social cams," an analyst said Friday. Privately held Ion America LLC makes a "compelling case" for a pending market shift, Citigroup's Jeremy David said...

Slow growth for fast food suggests the middle class isn't getting a bang from the economy's recovery, but higher-priced restaurants should see healthy sales trends, an analyst said Thursday. Citigroup's Gregory R Badishkanian sees total industry sales growth in the low single digits...

According to a recent report, Citigroup sees the volatility and fallout surrounding crude oil prices continuing throughout 2015. Citi analysts outlined what they believe will be key developments to watch out for in the upcoming year. Driving Factors Still Going Strong Analysts point to three...

Analysts at Citigroup downgraded Chevron Corporation (NYSE: CVX) from Buy to Neutral. The price target for Chevron has been lowered from $125 to $115. Chevron shares have dropped 9.22% over the past 52 weeks, while the S&P 500 index has gained 12.67% in the same period. Chevron's shares...

Credit markets are at the center of how the U.S. shale industry will react to lower prices, an analyst said Monday. Weaker companies may eventually face reduced access to credit that has so far fueled much the U.S. shale oil boom, according to Citigroup's Eric G. Lee. A meeting of OPEC...

Archer Daniels Midland Company (NYSE: ADM) will indirectly gain from a 30 percent increase in oil prices expected in 2015, an analyst said Tuesday. Cheap oil has depressed the commodities processor's ethanol and biodiesel fuels business, according to Citigroup's David Driscoll. But...

Philip Stiller of Citigroup on Tuesday maintained a Neutral rating on VerifFone Systems Inc (NYSE: PAY) after the company reported what the analyst describes as “another strong” quarter but a “mixed” fiscal 2015 guidance. The company earned $0.44 per share in the fourth...

William Katz of Citigroup on Tuesday upgraded shares of RCS Capital Corp (NYSE: RCS) to Buy from Neutral with a price target raised to $19 from a previous $13 following a recent meeting with the company's management. “We came away from our recent management meeting constructive around...