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Citi price target raised to $87 from $77 at HSBC

HSBC raised the firm’s price target on Citi (C) to $87 from $77 and keeps a Buy rating on the shares. Bank stocks have pulled back, offering selective opportunities to add exposure, says the analyst, who raised the firm’s 2025-26 adjusted EPS estimates among the group by about 1%-7% to incorporate higher net interest income, investment banking fees, and share repurchase estimates.

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