Citi shares slip after Q2 results - C News | RalliesCiti shares slip after Q2 results
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C• Shares fall after second-quarter results
- Citigroup's C.N shares fell 3.9% to $135.27.
- The bank reported a 45% jump in second-quarter profit from a year earlier.
- Results benefited from strong trading revenues and investment banking fees.
- 17 of 22 brokerages rate the stock "buy" or higher, while 5 rate it "hold"; their median price target is $156, according to data compiled by LSEG.
- Including the session's moves, the stock is up about 14.4% year to date.
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