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Citigroup Inc. (C) [hlAlert]

Rating:
Buy C
down 33.28 %

Citigroup Inc. (C) rated Buy with price target $6 by Ladenburg Thalmann

Posted on: Tuesday,  Jan 20, 2009  8:25 AM ET by Ladenburg Thalmann

Ladenburg Thalmann rated Buy Citigroup Inc. (NYSE: C) on 01/20/2009. Previously Ladenburg Thalmann rated Buy Citigroup Inc. (NYSE: C) on 12/18/2008.,
when the stock price was $80.10. Since then, Citigroup Inc. has lost 33.28% as of 01/19/2016's recent price of $53.44.
If you would have followed the previous Ladenburg Thalmann's recommendation on C, you would have lost 33.28% of your investment in 2588 days.

Citigroup Inc. (Citigroup) is a global diversified financial services holding company. The Company is engaged in providing a range of financial services to consumers and corporate customers. As of May 4, 2009, Citigroup had more than 200 million customer accounts and did business in more than 140 countries. Through its two operating units, Citicorp and Citi Holdings, Citigroup provides consumers, corporations, governments and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management.In August 2009, the Company sold three credit card portfolios.In September 2009, Citigroup Inc. completed the sale of Nikko Cordial Securities to Sumitomo Mitsui Financial Group, Inc.'s subsidiary, Sumitomo Mitsui Banking Corporation. In October 2009, the Company sold its Nikko Asset Management Co. to The Sumitomo Trust & Banking Co., Ltd.

Our Research Department takes a fresh, critical approach to analyzing primary sources and developing proprietary research. Many individuals, institutions, portfolio managers and hedge fund managers, on all levels, have been neglected by brokerage firms ignoring the demands for unbiased research. Ladenburg Thalmann provides a superior branded in-depth research product geared only to action-oriented investment ideas. Ladenburg Thalmann’s proprietary equity research tries to uncover crucial information before the rest of the Street. Our analysts concentrate on uncovered and under-covered stocks and have a small to mid-cap focus. We will not shy away from large cap names as long as we can bring value to our clients through timely, differentiated ideas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/20/2009 8:25 AM Buy
None
34.00 60.00
as of 12/31/2009
1 Week up  45.97 %
1 Month up  18.97 %
3 Months up  1.03 %
1 YTD down  -27.12 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/18/2008 8:25 AM Buy
None
80.10 140.00

(*) Stock Price at the time of the recommendation.
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