Morgan Stanley Names Citigroup Inc. (C) Its Top Pick, Raises Price Target
Citigroup Inc. (NYSE:C) ranks among the best spring stocks to buy right now. On February 17, Morgan Stanley boosted Citigroup Inc. (NYSE:C)'s price target to $152 from $135 and labeled the bank its top pick, retaining an Overweight rating on the company's shares. According to the firm, Citigroup Inc. (NYSE:C) is moving closer to its 2026 return on tangible common equity goal of 10% to 11%. Looking forward to the investor day on May 7, analyst Manan Gosalia expects the bank to lay out a roadmap for a mid-tee ...