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Benzinga
Benzinga
Business
Priya Nigam

FOUND: Why this citigroup analyst is turning bearish higher tail risks - What They Never Told You

Citigroup Citi Betsy Graseck Citigroup Inc Morgan Stanley NYSE

Citigroup Inc’s (NYSE:C) prospects have been hurt by the lack of near-term catalysts and the negative impact of de-globalization, according to Morgan Stanley.

The Citigroup Analyst: Betsy Graseck downgraded Citigroup from Equal-Weight to Underweight, while reducing the price target from $75 to $60.

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