JP Morgan Raises Target Price on Citi (C), Keeps Overweight Call

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JPMorgan raised its target price on Citigroup © to $134 from $130, reiterating an Overweight rating, following an update to large-cap bank forecasts after Q4 2025 results. The firm favors bank stocks due to good economic trends, steady fundamentals, sticky inflation, a favorable regulatory environment, and increased M&A activity. Citi’s Q4 earnings showed a 25.8% YoY adjusted net income growth, driven by a 14.1% increase in net interest income and growth in its loan book.

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