Analysts: Citi Cost Controls Can Offset Weak Revenue and 3 More Research Notes to Browse

Citigroup (NYSE:C): After Citigroup reported higher-than-expected third-quarter core earnings per share, Wells Fargo believes the company’s ability to manage its expenses prudently can offset its weak revenue trends over the longer term. The firm notes that Citigroup is the only large cap bank it covers that is trading below total book value; Wells keeps an Outperform rating on the shares.

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Capital One (NYSE:COF): Stifel is increasingly cautious on Capital One heading into the company’s quarterly results on Thursday due to credit trends reported by the company on Tuesday, which Stifel sees as disappointing, along with recent increases in the stock price. Nevertheless, the firm recommends buying Capital One stock on any weakness following the results, as it expects the shares to perform well in 2014. Stifel keeps a $77 price target and Buy rating on the shares.

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Sprint (NYSE:S): Macquarie has upgraded Sprint to Outperform from Neutral due to recent share weakness. The firm views the shares as the most compelling three- to five-year story in large-cap U.S. telecom; the price target for Sprint is $7.50.

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Wolverine World Wide (NYSE:WWW): Brean Capital believes that Wolverine World Wide growth targets are achievable and could prove to be conservative given the company’s historic acquisition-based growth model. The firm attended Wolverine World Wide’s Tuesday investor day and came away remaining buyers of the shares, which are Buy rated with a $70 price target.

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