Citigroup shares rise after Jefferies upgrades the bank, citing Latin America growth

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Jefferies upgraded Citigroup's stock to buy from hold on Friday, saying the bank is headed toward revenue growth this year, as well as added benefits from growth in Citi's Latin America business.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

what in Latin America Citi have? Maybe one branch in PY, sold in Brazil. What they are talking about?

LOL... This is a joke right?

S'Citi

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

McDonald's shares rise after Stephens upgrade: 2019 outlook 'provides room for positive surprises'Stephens upgraded McDonald's shares to overweight from equal weight on Tuesday, saying the company's lowered expectations for the year ahead 'provides room for positive surprises.'
Source: CNBC - 🏆 12. / 72 Read more »

Deere cites trade war issues for earnings miss; shares fallShares of Deere fell more than 4 percent in premarket trading after the tractor supplier reported first-quarter earnings that missed Wall Street's expectations. Higher raw material costs and concerns over tariffs and trade policies hurt the company's results, the company said. POTUS realDonaldTrump larrykudlow Your tariff wars are backfiring. You spoke about how you were pro-business and wanted to revive American manufacturing- doesn't look like it is working. It’s because of trump
Source: CNBC - 🏆 12. / 72 Read more »

Walmart shares surge as holiday sales crush estimates, boosted by e-commerce growthWalmart outpaced analysts' earnings and revenue expectations, as its e-commerce sales surged 43 percent. Do not tell ewarren Markets can't handle a rate hike DOW Savior for the day!!
Source: CNBC - 🏆 12. / 72 Read more »

Singapore bank expects China slowdown to hit growth in loansSingapore's second-largest bank OCBC expects its loans business to grow more moderately this year amid greater uncertainties in China and globally, according to the bank's chief executive Samuel Tsien. Cnbc pulling out all stops to kill the market
Source: CNBC - 🏆 12. / 72 Read more »