Bedell Frazier Investment Counselling LLC significantly increased its stake in Citigroup Inc. by 77.3% during the third quarter, acquiring an additional 33,147 shares to reach a total of 76,016 shares valued at $7.72 million. Analysts maintain a “Moderate Buy” rating for Citigroup with an average price target of $127.25, and some firms have recently raised their targets. Despite a Q4 EPS beat, Citigroup’s revenue missed estimates, and the stock was trading down approximately 5.2% at $110.11, offering a quarterly dividend of $0.60.
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Bedell Frazier Investment Counselling LLC Acquires 33,147 Shares of Citigroup Inc. $C
Bedell Frazier Investment Counselling LLC significantly increased its stake in Citigroup Inc. by 77.3% during the third quarter, acquiring an additional 33,147 shares to reach a total of 76,016 shares valued at $7.72 million. Analysts maintain a “Moderate Buy” rating for Citigroup with an average price target of $127.25, and some firms have recently raised their targets. Despite a Q4 EPS beat, Citigroup’s revenue missed estimates, and the stock was trading down approximately 5.2% at $110.11, offering a quarterly dividend of $0.60.