TD Cowen starts coverage and sets USD 150 target for Citigroup stock

Published on 10/09/2026 at 15:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 14.00 percent to USD 24.80 billion in the second quarter of 2026. Citigroup stock costs EUR 114.60 on October 9, 2026 versus EUR 113.94.

Key points in brief

TD Cowen started coverage of Citigroup with a Buy rating and a USD 150.00 price target on October 8, 2026.
Citigroup reported USD 24.80 billion in revenue for the second quarter of 2026, up 14.00 percent year over year.
The Lang & Schwarz price was EUR 114.60 on October 9, 2026 at 3:10 p.m. CEST, up 0.58 percent versus EUR 113.94.
Citigroup is scheduled to publish third-quarter 2026 results on October 13, 2026.

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Citigroup Inc. stock (ISIN US1729674242) was trading at EUR 114.60 at Lang & Schwarz on October 9, 2026 at 3:10 p.m. CEST, up 0.58 percent versus the prior close of EUR 113.94. On October 8, 2026, TD Cowen started coverage with a Buy rating and a USD 150.00 price target, according to MarketBeat.

Three recent figures shape the story

On July 14, 2026, Citigroup reported USD 24.80 billion in revenue and USD 3.15 diluted earnings per share for the second quarter of 2026, versus USD 21.70 billion and USD 1.96 in the second quarter of 2025, according to MarketScreener. Revenue therefore increased 14.00 percent year over year, while diluted earnings per share increased 60.71 percent.

On October 6, 2026, UBS cut its Citigroup target from USD 142.00 to USD 139.00 while keeping a Neutral rating, as reported by MarketBeat. TD Cowen's fresh USD 150.00 target creates a clear contrast with that revision and puts analyst attention on the bank's earnings execution.

What does the next report test?

Citigroup will report third-quarter 2026 results before the market opens on October 13, 2026. Yahoo Finance reported that analysts expected adjusted earnings per share of USD 2.70, up 20.50 percent from USD 2.24 in the year-ago quarter. The estimate gives the upcoming release a concrete benchmark after the second quarter's USD 3.15 result.

Two October dates matter

Citigroup said on October 2, 2026 that it would release third-quarter results at approximately 8:00 a.m. ET on October 13, 2026 and review them during a webcast and conference call at 11:00 a.m. ET the same day. The timing makes the earnings release the next major company-specific valuation test.

Citigroup stock stays below its yearly high

The Lang & Schwarz price of EUR 114.60 stood EUR 0.66 above the October 8, 2026 prior close of EUR 113.94. The primary listing is on the NYSE, where Citigroup shares are quoted in USD; the 52-week range was USD 93.66 to USD 147.96 and market capitalization was USD 219.6 billion as of October 8, 2026.

The further course of trading is shown by the continuously updated real-time quote of Citigroup stock.