Citi downgraded ANZ Group to Neutral from Buy with a A$26 price target. The company’s momentum in the diversification story slowed as offshore deposits in institutional declined sharply in the second half of 2023, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on ANZGF: