Citigroup Inc. has drawn an upgrade to overweight from neutral at Piper Sandler as analysts praised an effort underway by Chief Executive Jane Fraser to simplify the bank. “Though the turnaround will likely have some bumps along the way, we like [Fraser’s] more targeted view of the company,” analyst R. Scott Siefers said in a research note on Wednesday. Siefers…
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Citigroup Inc. has drawn an upgrade to overweight from neutral at Piper Sandler as analysts praised an effort underway by Chief Executive Jane Fraser to simplify the bank. “Though the turnaround will likely have some bumps along the way, we like [Fraser’s] more targeted view of the company,” analyst R. Scott Siefers said in a research note on Wednesday. Siefers…
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