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Citi initiated with a Neutral at Piper Sandler
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Citi initiated with a Neutral at Piper Sandler

Piper Sandler analyst R. Scott Siefers initiated coverage of Citi with a Neutral rating and $48 price target. The analyst is attracted to the stock’s "discount valuation," but given Citi’s "extended timetable to more stable performance and uncertainty until then," he believes a Neutral rating is most appropriate.

Published first on TheFly

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