Citigroup Inc (NYSE:C) shares recovered slightly in early trading on Monday after tanking on Friday, following the second-quarter results.

The results came amid an exciting earnings season. Here are some key analyst takeaways from the release.

Oppenheimer On Citigroup

Analyst Chris Kotowski maintained an Outperform rating while raising the price target from $85 to $86.

Citi reported earnings of $1.52 per share, surpassing consensus of $1.39 per share, which included a one-time gain of around $400 million related to Visa Inc (NYSE:V), bringing the underlying results very close to expectations, Kotowski said in a note.

This was the fourth straight quarter of year-on-year growth, versus “seven of 10 negative quarters prior to that,” he added.

“The key fact about the quarter in our view is that net interest income was essentially flat with the prior quarter and fractionally above our forecast,” the analyst wrote. …

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