Update: Has Jane Fraser Redeemed Citigroup? Nope.

December 19, 2024 | Premium Service | Earlier this year, Wells Fargo analyst Mike Mayo predicted on CNBC that the price of Citigroup (C) would soar. Citi benefited from the general increase in bank stocks since January and especially the post-election updraft that impacted many banks. Citi even outperformed Bank of America (BAC), which is one of the more problematic banks in the top seven commercial banks by assets. 

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