Rambus (RMBS)

[Threejack]

Citigroup target $17

Thanks to sabatino at IV for the link.

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Citigroup

Rambus Inc. (NASDAQ:RMBS) stock had its “buy” rating reiterated by equities research analysts at Citigroup Inc. in a research noteissued to investors on Tuesday. They currently have a $17.00 price target on the stock, up from their previous price target of $16.00. Citigroup Inc.’s target price suggests a potential upside of 23.55% from the company’s current price. On last trading day Rambus Inc. (NASDAQ:RMBS) fell -0.92% to close at $11.79. RMBS is -20.45% away from its 52 week high and is moving 48.30% ahead of its 52 week low. Rambus Inc. (NASDAQ:RMBS) return on investment (ROI) is 0.10% while return on equity (ROE) is -0.80%.
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