JPMorgan believes that rising profitability could boost shares of Citigroup . JPMorgan analyst Vivek Juneja upgraded the bank stock to overweight rating from neutral. Juneja's new December 2026 price target of $124, up from $107, implies that shares could add 11% from Thursday's close. "Valuation has improved from the lows and improvement in profitability will be the key driver to further upside — this is a multi-year journey for Citi," Juneja wrote. C YTD mountain C YTD chart Heading into 2026, JPMorgan believes that Citigroup is one bank that should benefit from a solid economy, pickup in mergers and acquisitions activity and favorable regulatory environment. "As we look at 2026, we expect Citi to benefit from a solid economy and strong markets-related activity relatively more because of

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