Citigroup Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Benzinga38minutes ago

Yield Curve Normalization, Cheap Valuation, EPS Growth To Boost Banks In 2025: Truist Initiates Coverage On These 14 Regional Names

Benzinga44minutes ago

Citigroup: It is expected that the Indian stock market will rise by 10% in 2025.

Citigroup expects that driven by economic growth recovery and strong corporate earnings, the Indian stock market, valued at $5 trillion, will rise for the 10th consecutive year. This Brokerage has set a target of 26,000 points for the benchmark NSE Nifty 50 Index, which implies a 10% increase from the closing price on December 31. The Index is expected to close at approximately 5% higher than the Wall Street Banks' forecast of 22,500 points in 2024. Strategists, including Surendra Goyal, stated in a report: "Given the diversity of listed companies, India's EPS.

环球市场播报23:46 ET

Citi: Downgraded XINYI GLASS's Target Price to HKD 7.55, rating lowered to 'Neutral.'

Citi released a research report stating that the forecast for XINYI GLASS (00868) Net income for the fiscal years 2024 to 2026 (excluding Exchange Rates adjustments) has been revised down by 35% to 40%. The Target Price has been lowered from 9.6 HKD to 7.55 HKD, and the rating has been downgraded from 'Buy' to 'Neutral'. The bank updated its forecasting model, changing XINYI GLASS's presentation currency from HKD to RMB and factoring in the profit warning. The bank's China Real Estate team expects that the completion volume in Real Estate this year will decline by 13% compared to the same period last year, along with a more conservative medium to long-term assumption.

新浪港股23:07 ET

Express News | Ares Commercial Real Estate Corp - Facility Amount May Increase to $425 Mln With Consent of Citibank

Reuters17:00 ET

Citigroup Options Spot-On: On January 7th, 148K Contracts Were Traded, With 2.23 Million Open Interest

Moomoo News16:30 ET