Citi Strategists Raise S&P 500 Target on Resilient Earnings [Yahoo! Finance Canada]
Citigroup, Inc. (C)
Last citigroup, inc. earnings: 4/15 08:00 am
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citigroup.com/citi/investor/pres.htm
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Source: Yahoo! Finance Canada
(Bloomberg) -- Strategists at Citigroup Inc. raised their target for the S&P 500 Index, saying tax cuts should offset the negative impact from tariffs on US companies. Most Read from Bloomberg The team led by Scott Chronert increased its year-end target for the equity index to 6,600 points from 6,300, suggesting gains of about 3% from Friday's close. A better-than-expected earnings season, with little evidence of the harmful impact of tariffs on results, has spurred stocks to fresh records this month. Over 81% of S&P 500 companies have beaten estimates, according to Bloomberg Intelligence, the highest in seven quarters. Companies have produced “an impressive beat,” while also mostly sticking with their projections for the second-half of the year, the Citi team said. As a result, consensus views on earnings per share are moving higher. The Citi strategists raised their EPS estimates for S&P 500 members for 2025 to $272 from $261 previously, and for 2026 to $308 from $295. Th
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C
Earnings
- 10/15/25 - Miss
C
Sec Filings
- 12/23/25 - Form 424B2
- 12/23/25 - Form FWP
- 12/23/25 - Form 424B2
- C's page on the SEC website