Citigroup is expected to secure Chinese regulatory clearance for its fully owned brokerage operation in mainland China as early as this month, with plans to recruit several dozen employees for the business in the coming months
Salesforce (NYSE:CRM – Get Free Report) had its price objective boosted by Citigroup from $204.00 to $233.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the CRM provider’s stock. Citigroup’s price objective suggests a potential downside of 8.15% from the stock’s previous close.
As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the diversified banks industry, including Citigroup (NYSE:C) and its peers.
