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Analysts Offer Insights on Financial Companies: Signature Bank (SBNY) and Citigroup (C)

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Signature Bank (SBNYResearch Report) and Citigroup (CResearch Report) with bullish sentiments.

Signature Bank (SBNY)

In a report released today, David Long from Raymond James maintained a Buy rating on Signature Bank, with a price target of $305.00. The company’s shares closed last Friday at $192.14, close to its 52-week low of $165.36.

According to TipRanks.com, Long is a 4-star analyst with an average return of 6.1% and a 39.7% success rate. Long covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Enterprise Financial Services, and First Financial Indiana.

Currently, the analyst consensus on Signature Bank is a Strong Buy with an average price target of $343.38.

See the top stocks recommended by analysts >>

Citigroup (C)

RBC Capital analyst Gerard Cassidy maintained a Buy rating on Citigroup today and set a price target of $60.00. The company’s shares closed last Friday at $47.86, close to its 52-week low of $45.40.

According to TipRanks.com, Cassidy is a top 25 analyst with an average return of 23.1% and a 67.5% success rate. Cassidy covers the Financial sector, focusing on stocks such as Bank of New York Mellon Corporation, JPMorgan Chase & Co., and Goldman Sachs Group.

Currently, the analyst consensus on Citigroup is a Moderate Buy with an average price target of $64.13.

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