12:25 PM EDT, 04/14/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We raise our target price by $10 to $150 applying a forward P/E of 13.2x that is near the midpoint of the historical averages for three years at 15.1x and five years at 11.9x on forward normalized earnings. We are confident C is well positioned to accelerate growth and performance. Looking ahead for 2026, we believe there is ample market opportunity to exceed consensus expectations on revenue growth and wider margins for all businesses. We are increasing our 2026 EPS estimate by $1.55 to $11.30 and 2027's by $0.80 to $12.50 on projected revenue of $93.5B (prior $88.3B) and $98.5B ($92.0B). We moved to a new valuation level on price to NTBV at a premium of 1.5x, which is still below direct peers trading anywhere from 1.7x to 2.5x. We see upside to our target based on C's leading position in treasury securities services and its position as one of the top-five players in investment banking. Valuation risk may rest with a change in macroeconomic conditions outside the U.S., where C has more exposure than peers.