‘They sold us the dream but the reality was much more different,’ said one employee
Shares have pulled back more than 15% in 2025.
The US lender told the FT it was shutting its Spanish Costa del Sol office as part of a strategy to ‘simplify the firm’
Citi sees Generac Holdings trading at a "significant discount," and believes shares could rise 25% from here.
Boeing is weighing on the Dow, and Bank of America and Citi topped estimates.
While worries of declining consumer confidence have recently plagued the market, Citi thinks this cruise stock may be able to withstand any potential turmoil.
Scott Chronert lowered his 2025 target for the broad market index to 5,800.
Citi's lower price target comes as the firm also slashed its overall forecast for GPU sales in 2025 and 2026.
The recommendation came after President Trump walked back a trade policy that many worried would tip the U.S. economy into a recession.
The recommendation came after President Trump walked back a trade policy that many worried would tip the U.S. economy into a recession.