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Sunday, July 26, 2009

Citi shares may rebound, could double by 2012: report | Markets | Hot Stocks | Reuters

Citi shares may rebound, could double by 2012: report | Markets | Hot Stocks | Reuters: "NEW YORK (Reuters) - Citigroup Inc (C.N) shares could more than double by 2012, financial weekly Barron's said in its July 27 edition, citing the company's global footprint and earnings power.

Citi shares closed at $2.77 on Friday, an 88 percent fall from its 52-week high of $23.50 in October.

Barron's said Citi stock could hit $4 within a year and $6.50 by 2012"

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