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6 pts

Opinion on  Citigroup Inc (C)     Sector: Financial  >  Industry: Money Center Banks
Citigroup

Jan 23, 2009 04:49 AM GMT
Return Risk
-23.50% HIGH
Analyst

This is a big bank. It was the largest bank from the founding in 1800s and 1900s but is now dwarfed by Wells Fargo and BAC. Citi is strong and has stong supporters but inside those corporate walls are scandals. They need to tighten up on some of their policies with lending, and they can't keep giving up fees. I don't see a bright future for Citi and with America becoming more diversified, mistakes they make now will cost them bancruptcy in 20 years.

C:  This call was made on 01/23/09 @ $3.0
Rating:   Positive   $3.0 (01/23/09)
Gain/Loss:   +35.00% in 317 days
Target:   $40.00 (+1233.33%) in > one year


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