Citigroup

Bank of America (NYSE: BAC) recently upgraded shares of Barclays PLC (ADR) (NYSE: BCS) by two notches from Underperform to Buy. BofA Merrill Lynch cited the underperformance of Barclays' shares and depressed earnings expectations as the reason for its improved assessment. Financial firms are...

Tesla Inc (NASDAQ: TSLA) revealed its semi-truck Thursday, and while parts of the big rig remain in shadow, its capacity for disruption is clear. Wall Street sees few positives for truck manufacturing rivals. The Rating Citigroup reiterated a Hold rating last week with with a $367 price target...

Online textbook rental innovator and education platform Chegg Inc (NYSE: CHGG) has had a remarkable 2017, with shares up 94 percent year-to-date. Given the vast potential of the online personalized education industry, Chegg's potential ranges beyond just textbooks. A new sell-side...

Amazon.com, Inc. (NASDAQ: AMZN) is a retail juggernaut. And the company has shown an inclination toward scooping up companies, even in the brick-and-mortar space. The case in point is Amazon's purchase of Whole Foods Market, Inc. (NASDAQ: WFM), which brought Amazon into the physical...

After Stifel analyst John Davis initiated coverage of Qudian Inc – ADR (NYSE: QD) with a Buy rating Wednesday, the Chinese microlender managed to secure the approval of more Wall Street firms. The Analyst  Citigroup analyst Daphne Poon initiated coverage of Qudian at Buy, with a...

Home furnishing retailer RH (NYSE: RH) announced third quarter adjusted EPS and adjusted revenue guidance on Wednesday that landed ahead of the consensus expectations. RH announced its preliminary fiscal 2018 outlook, which calls for adjusted net income of $125-145 million and net...

After going about a consolidation move for much of 2016, Green Dot Corporation (NYSE: GDOT) shares took off strongly in 2017. The Analyst Citigroup analyst Ashwin Shirvaikar downgraded his rating on Green Dot from Buy to Neutral and upped his price target from $54 to $66. The Thesis Many of...

With Weatherford International Plc (NYSE: WFT)'s restructuring expected to stretch out to multiple years, Citigroup handed it a downgrade.  The oil drilling contractor's free cash flow is unlikely to materialize until 2019 or even later, and the valuation is unappealing, said analyst...

Pre-open movers U.S. stock futures traded mostly flat in early pre-market trade, ahead of earnings from several companies. New York Federal Reserve Bank President William Dudley will speak in New York at 12:10 p.m. ET. Futures for the Dow Jones Industrial Average climbed 3 points to 23,452, while...

Heading into its Wednesday earnings report, Facebook Inc (NASDAQ: FB) is decidedly well liked. The firm’s 42 Buy ratings are tempered by just two Sells and one Hold, according to TipRanks, which records an average price target of $191.33 with a range of $98 to $235. Recent trends back the...

Citi initiated coverage of Switch Inc (NYSE: SWCH) with a Neutral rating and a $20 price target. The firm attributed its Neutral stance to the premium valuation of the company's shares. Analyst Michael Rollins noted Switch shares were trading at a premium on FV/OIBDA and P/AFFO multiples versus...

Jefferies and Citigroup initiated coverage for NuCana PLC (ADR) (NASDAQ: NCNA) Monday with a Buy rating and a price target of $25 and $23 respectively. Jefferies' analysts Eun Yang and Carmen Augustine explained that the company is focused on developing safer and more potent chemotherapies for...

Pre-open movers U.S. stock futures traded lower in early pre-market trade. Data on existing home sales for September will be released at 10:00 a.m. ET. Cleveland Federal Reserve Bank President Loretta Mester is set to speak in New York City at 2:00 p.m. ET, while Federal Reserve Chair Janet Yellen...

Third-quarter earnings season is officially underway, with JPMorgan Chase & Co. (NYSE: JPM) and Citigroup Inc (NYSE: C) issuing their reports Thursday, and Wall Street analysts are discussing what investors should expect. Earnings And Revenue Beats Investors should expect S&P 500...

Citigroup Inc (NYSE: C) shares settled Thursday's session down 3.43 percent at $72.37 despite reporting forecast-beating third quarter results. The negative market reaction only to find that it was due to issues with its card business, Wells Fargo analyst Mike Mayo said in a note. ...