TD Cowen raised the firm’s price target on Citi (C) to $130 from $110 and keeps a Hold rating on the shares. The firm adjusted bank targets as part of a Q4 earnings preview. TD expects “solid” Q4 reports for the banks with continued balance sheet growth, repricing tailwinds, and a “likely more dovish” Federal Reserve chair in 2026. These “durable tailwinds” should lift bank stocks in 2026, the analyst tells investors in a research note.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on C:
- Citi price target raised to $87 from $77 at HSBC
- Barclays Finds Its Stablecoin Future with Landmark Ubyx Investment
- Goldman Sachs (GS) Tops Global M&A Dealmaking in 2025 with $1.48 Trillion
- Nvidia CEO Jensen Huang Triggers Selloff in Cooling System Stocks
- Crypto Currents: Morgan Stanley files for ETFs as Grayscale pays first yield