Citibank stock price forecast

The underlying SummerHaven Copper Index Total Return reflects the performance of the investment returns from a portfolio of copper futures contracts on the COMEX exchange. It charges 97 bps in fees. The firm raised its price target on the chipmaker to $190 per share, implying a roughly 15% upside from Nvidia's current trading levels. Citi analysts said they see Nvidia capturing a larger piece of an expanding total addressable market (TAM) for data center infrastructure. The upgrade comes as Nvidia continues its charge toward a $4 trillion market cap, with shares up 12% in the past month. Citibank stock price forecast sentiment shifted moderately bullish after management reaffirmed a cost-efficiency goal targeting sub-60% expense ratio. If execution aligns, analysts see FY24 EPS surpassing $7.