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Here's Why The Bullish Case For Citigroup's Stock Can Now Be Made

Down more than 15 percent since peaking in late January, shares of Citigroup Inc C should now be bought, according to Deutsche Bank.

Deutsche Bank's Matt O'Connor upgraded Citigroup from Hold to Buy with a price target lifted from $74 to $76. Source

Upside still holds. The price may reach the upper edge of the falling wedge. We can also expect a breakout. 

$C, CITIGROUP INC / D