Oppenheimer Raises PT on Citigroup Inc. (C) to $124; Maintains 'Outperform' Rating

Citigroup Inc. (NYSE:C) is included in our list of the 10 Most Undervalued Value Stocks to Buy Now.

On July 16, 2025, Oppenheimer raised its price target on Citigroup Inc. (NYSE:C) from $107 to $123. This price revision followed the company’s strong Q2 earnings. The target increase was attributed to stronger-than-expected core revenue of $21.8 billion versus the $21.0 billion estimate, lower-than-expected expenses at $13.6 billion, and core pre-provision earnings of $8.3 billion against a $7.4 billion forecast.

Two weeks later, on July 30, 2025, Oppenheimer reiterated its ‘Outperform’ rating on Citigroup Inc. (NYSE:C), raising its price target further to $124, signaling continued confidence in the company’s recovery momentum.

Operating through its Services, Markets, Banking, U.S. Personal Banking, and Wealth segments, Citigroup Inc. (NYSE:C) provides diversified financial services to individuals, corporations, and governments. It is included in our list of the most undervalued value stocks to buy.

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Disclosure: None.