Citi added to ‘Q2 Tactical Ideas’ at Wells Fargo

Wells Fargo is adding Citi to its Q2 Tactical Ideas. Citi is at the start of a multi-year inflection that should reflect better efficiency and returns, the firm says, adding that it sees stock at $80 over 12 months and about 2-times over 3 years. Wells has an Overweight rating on the shares with a price target of $80.