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.

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

A large computer terminal full of complex calculations tracking the company’s cash flow and investment management decisions.

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.

While we acknowledge the potential of C to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than C and that has 100x upside potential, check out our report about this cheapest AI stock.

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