C
A small raise, not a victory lap
Evercore ISI Group’s Glenn Schorr bumped Citigroup’s price target to $139 from $115 and kept the stock at In-Line. Translation: the math got a little better, but nobody’s breaking out the confetti cannon.
What that means for your portfolio
An In-Line rating is the financial equivalent of a shrug with good posture. The higher target still matters, though — it suggests Evercore sees more value in Citi after the recent earnings glow-up, even if it’s not ready to call the bank a runaway winner.
Why investors should care
For Citi shareholders, these little target tweaks are part roadmap, part mood ring. They can help reinforce a bullish narrative around the stock, especially when multiple analysts start adjusting their models after earnings.
- Target price: $139, up from $115
- Rating: In-Line
- Analyst: Glenn Schorr
- Firm: Evercore ISI Group
Big picture: Citi’s getting more respect, just not a full-on standing ovation yet.