Piper Sandler raised the firm’s price target on Citi (C) to $120 from $110 and keeps an Overweight rating on the shares after the company presented at an industry conference and touched on several topics. Current CFO Mark Mason was featured, though the incoming CFO made his first public remarks since last month’s announcement that he would take over the role in March 2026. He emphasized his philosophies of continuity and stability, delivering results, durability, and approaching old problems in new ways. Otherwise, consumer and corporate customers remain resilient, Piper adds.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on C:
- Citi sees continued growth in NII, ex-markets, in 2026
- Citi sees Q4 markets revenues down low to mid single digits year-over-year
- JPM, BAC, WFC: U.S. Banks Approved to Act as Intermediaries on Crypto Transactions
- Michael Saylor Calls on the Middle East to Become the ‘Switzerland of Bitcoin’ (BTC)
- Crypto Currents: Twenty One Capital debuts on NYSE