Citigroup's stock surges to 8 1/2-year high after UBS upgrade
Published: June 9, 2017 11:22 a.m. ET
http://www.marketwatch.com/story/citigroups-stock-surges-to-8-12-year-high-after-ubs-upgrade-2017-06-09?siteid=
Shares of Citigroup Inc. C, +1.96% shot up 2.1% in morning trade Friday to an 8 1/2-year high, after the moneycenter bank was upgraded at UBS on the belief that the previous bearish case had become less likely. Analyst Saul Martinez raised his rating to neutral from sell, and lifted his stock price target to $64--1% below current levels--from $58. Martinez said his bearish case was based on Citi having less leverage than its peers to the potential positives of lower corporate taxes, faster economic growth and higher interest rates, and greater exposure to potential downside from protectionist policies and other geopolitical risks.
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UBS がシティグループ株のレーティングを上げていました。
そのため、金曜日はシティグループ株が上昇したと説明されています。
Published: June 9, 2017 11:22 a.m. ET
http://www.marketwatch.com/story/citigroups-stock-surges-to-8-12-year-high-after-ubs-upgrade-2017-06-09?siteid=
Shares of Citigroup Inc. C, +1.96% shot up 2.1% in morning trade Friday to an 8 1/2-year high, after the moneycenter bank was upgraded at UBS on the belief that the previous bearish case had become less likely. Analyst Saul Martinez raised his rating to neutral from sell, and lifted his stock price target to $64--1% below current levels--from $58. Martinez said his bearish case was based on Citi having less leverage than its peers to the potential positives of lower corporate taxes, faster economic growth and higher interest rates, and greater exposure to potential downside from protectionist policies and other geopolitical risks.
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UBS がシティグループ株のレーティングを上げていました。
そのため、金曜日はシティグループ株が上昇したと説明されています。
