Citibank stock price forecast currently reflects cautious optimism, with analysts noting potential upside if Q2 earnings beat consensus estimates of $1.84 per share. The stock has been trading in the $53–$57 range, and a breakout above $58 could trigger momentum buying from institutional players. Valmont, on its third-quarter call, revised its 2023 guidance for net sales growth between -3% and -4% from its previous view of 0-2%. EPS (as reported) is expected to be $7.20 to $7.50 per share. Adjusted EPS is now forecast at $14.80 to $15.10. VMI anticipates capital expenditures in the $100-$110 million range for 2023. The company also expects a full-year improved operating margin compared with 2022 levels. This week, Citigroup delivered yet another bullish catalyst for the space and defense company, raising its price target on RKLB to a new Street-high of $50, up from $33. The firm also reiterated a Buy rating , citing Rocket Lab’s growing commercial pipeline, expanding government contracts, and substantial revenue potential over the next several years. From a sector rotation perspective, the Citibank stock price forecast improves when money flows shift from tech-heavy growth stocks into undervalued financials, especially with bank P/E multiples below historic norms.
