Fly News Breaks for February 27, 2015
C
Feb 27, 2015 | 08:37 EDT
Bernstein predicts that Citi will receive approval from the Fed to buy back $1.6B of its shares per quarter and pay a dividend of 5c per share. The firm thinks the bank should be able to significantly increase its capital return over time, and Bernstein keeps a $60 price target and Outperform rating on the stock.
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