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Oct 17, 2025 12:40 PM

Analyst Believes In Citigroup's Turnaround Story After Q3 Beat

Keefe, Bruyette & Woods analyst David Konrad raised the price forecast for Citigroup, Inc. (NYSE:C) to $118 from $112, while maintaining an Outperform rating.

Recent Earnings

This week, the bank reported third-quarter revenue of $22.09 billion, up 9% year over year and comfortably ahead of expectations.

The bank saw strong performances across Markets, U.S. Personal Banking and Investment Banking.

Citigroup expects fiscal 2025 revenue to be higher than its prior estimate of $84 billion, compared ...