Citigroup Inc. has also taken action a number of other consumer discretionary stocks recently. The firm reiterated its buy rating on shares of Dicks Sporting Goods Inc. They have a $53.00 price target on that stock, up previously from $51.00.
Tomahawk, WI 08/20/2014 (Basicsmedia) - Citigroup Inc. (NYSE:C) is reportedly trying to sell its consumer banking unit in Japan amidst low interests rates compared to other Asian countries and the U.S, according to Bloomberg's, Francis Chan.
"We rate CITIGROUP INC (C) a BUY. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover.