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E*trade Financial Corporation (ETFC) [hlAlert]

Rating:
Buy ETFC
up 54.59 %

E*trade Financial Corporation (ETFC) upgraded to Buy by Citigroup

Posted on: Monday,  Sep 14, 2009  8:25 AM ET by Citigroup

Citigroup rated Buy E*trade Financial Corporation (NASDAQ: ETFC) on 09/14/2009, when the stock price was $17.20. Since
then, E*trade Financial Corporation has gained 54.59% as of 10/13/2015's recent price of $26.59.
If you would have followed this Citigroup's recommendation on ETFC, you would have gained 54.59% of your investment in 2220 days.

E*TRADE Financial Corporation (E*TRADE), is a financial services company, that provides online brokerage and related products and services primarily to individual retail investors, under the brand E*TRADE Financial. The Company?s products and services include investor-focused banking primarily sweep deposits and savings products and asset gathering. The Company?s subsidiaries include, E*TRADE Bank, which provides investor-focused banking services to retail customers nationwide and deposit accounts insured by the Federal Deposit Insurance Corporation (FDIC); E*TRADE Capital Markets, LLC (ETCM), which is a registered broker-dealer and market-maker; E*TRADE Clearing LLC, which is the clearing firm for the Company?s brokerage subsidiaries and is a wholly-owned operating subsidiary of E*TRADE Bank, and E*TRADE Securities LLC, which is a registered broker-dealer and the primary provider of brokerage services to the customers.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/14/2009 8:25 AM Buy
None
17.20
as of 12/31/2009
1 Week down  -12.04 %
1 Month down  -2.92 %
3 Months down  -9.02 %
1 YTD down  -30.91 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/14/2009 8:25 AM Buy
None
17.20
7/24/2009 8:25 AM Hold
None
14.20
11/12/2007 9:25 AM Sell
None
51.30

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