Citigroup Global Markets

Citigroup Global Markets analyst Itay Michaeli maintained his 1H rating for shares of Lear Corporation (NYSE: LEA), with a target price of $86. Michaeli said that Lear Corporation's stake in the $3.2 billion privately held International Automotive Components may be overlooked by investors. However...

Analysts at Citigroup Global Markets have reiterated a Buy rating on Amphenol Corp (NYSE: APH) with a price target of $51.00. Amphenol reported Q4 revenue of $758 million, beating Street estimates of $736 million. APH reported an incremental operating margin of 34% and generated cash worth $0.79...

Analysts at Citigroup Global Markets have reiterated a Buy rating on Capital One Financial Corp (NYSE: COF) with a target price of $49.00. Capital One has reported a Q4 EPS of $0.83 which handsomely beat the consensus estimate of $0.45. If one excludes the impact of one-time items, then the core...

Analysts at Citigroup Global Markets have reiterated a Buy rating on American Express (NYSE: AXP) with a price target of $48. American Express reported a Q4 EPS from continuous operations of $0.59 beating consensus estimates of $0.57. Billed business growth was healthy at 8% on a year on year...

Keith Horowitz, analyst at Citigroup Global Markets has upgraded JPMorgan Chase & Co (NYSE: JPM) as Buy with a target price of $48.00. JPM shares have been underperforming and the present price points make compelling entry levels. JPM shares fell 6% due to plans by the U.S. Administration to...

Citigroup Global Markets believes Danaher Corp. (NYSE: DHR) is one of the elite companies in the U.S. Multi-Industry universe, and hence should trade at a premium to the market. The firm said that Danaher's five-year historical incremental Return On Invested Capital (IROIC) illustrates that its...

Citigroup Global Markets believes that small cap stocks in Real Estate Investment Trusts (REITs) are expected to outperform in the coming year. Some of the firm’s favourite stocks include Cogdell Spencer Inc. (NYSE: CSA), Kite Realty Group Trust (NYSE: KRG), Kilroy Realty Corporation (NYSE: KRC),...

Analysts at Citigroup Global Markets maintain their “Buy” rating for Deere & Company (NYSE: DE), while lowering their Earnings estimates. The firm raised their price target to $62 from $52, a premium of over 15% over Friday’s closing price of $52.36. The Firm Said “With $3.7BB in gross cash at...

Alastair Johnston of Citigroup Global Markets initiated coverage of Carrefour (EPA: CA) with a “buy” rating. The target price is set to €38. According to Citigroup Global Markets, CA is likely to post robust earnings recovery in 2010 and may overshoot consensus expectations for EBIT and EPS. CA’s...

Jon H Bergtheil of Citigroup Global Markets maintains his “buy” rating on Antofagasta PLC (OTC: ANFGY). The target price is set to £9.90. ANFGY reported its nine-month turnover of $2019 million and revenues, marginally ahead of the estimates. ANFGY’s EBITDA fell marginally short of the Citigroup...

Andrew Light of Citigroup Global Markets maintains his “buy” rating on Aegean Airlines SA (ATH: AEGN). The target price is set to €5.60. Although Aegean Airlines’ EBIT of €27.7 million exceeded the estimates, it declined by 17.7% y/y. Moreover, AEGN’s net income and total revenues comfortably...