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<Research>BofAS Highlights Citigroup (C.US) as Top Pick Among Large-cap Banks, Elevates TP to US$150
BofA Securities issued a research report highlighting Citigroup (C.US) as its top pick among large-cap banks, and including it in its top 10 investment ideas for 2Q26. Citigroup...
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<Research>BofAS Highlights Citigroup (C.US) as Top Pick Among Large-cap Banks, Elevates TP to US$150
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BofA Securities issued a research report highlighting Citigroup (C.US)      as its top pick among large-cap banks, and including it in its top 10 investment ideas for 2Q26. Citigroup's 1Q26 results and management commentary have only strengthened the broker's conviction.

The broker has become more confident that at the upcoming investor day on 7 May, the management is likely to set a return on tangible common equity (ROTCE) target of around 15%, which would serve as a catalyst for the next phase of share price re-rating.

Related NewsAPI Crude Oil Stock Change for May/15 in the United States is -9.100M, lower than the previous value of -2.188M. The forecast was -3.4M.
BofA Securities maintained its 2027/ 2028 EPS forecasts for Citigroup unchanged at US$12.5/ US$15. Driven by better-than-expected 1Q26 EPS, the broker raised its FY2026 EPS forecast from US$10.49 to US$10.79, and elevated its target price from US$140 to US$150, with rating reiterated at Buy.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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