Citi upgraded ANZ Group (ANZGF) to Neutral from Sell with a price target of A$27.50, up from A$25.25. The firm cites the stock’s relative underperformance and valuation support for the upgrade. The analyst also thinks new CEO risk is now better reflected in the shares.

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Disclaimer & DisclosureReport an Issue

• ANZ Group Holdings Announces Cessation of Securities

• ANZ Group Holdings Issues New Equity Securities

• ANZ Group Holdings Reports Change in Voting Share Control

• ANZ Group Issues Unquoted Equity Securities to Employees

• ANZ Group Holdings Updates on Share Buy-Back Progress