
Citi Keeps Their Buy Rating on RBL Bank Ltd. (RBLBANK)
In a report released yesterday, Kunal Shah CFA from Citi maintained a Buy rating on RBL Bank Ltd. (RBLBANK – Research Report), with a price target of INR285.00. The company's shares closed yesterday at INR239.38.
Confident Investing Starts Here:
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Shah CFA covers the Financial sector, focusing on stocks such as Axis Bank Limited, AU Small Finance Bank Limited, and Bank of Baroda. According to TipRanks, Shah CFA has an average return of 7.6% and a 74.07% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for RBL Bank Ltd. with a INR140.00 average price target.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CNBC
an hour ago
- CNBC
Pettit: Fair value puts the S&P at 6300, but sentiment could push it higher
Drew Pettit, Director of U.S. Equity Strategy at Citi, sees a base case S&P 500 target of 6300 by year-end, with tech leading and cyclicals lagging. Margin pressure, not inflation, is the top risk.

Associated Press
2 hours ago
- Associated Press
DailyPay Completes Inaugural Asset-Backed Securitization, Powering Its Mission To Break The Paycheck-To-Paycheck Cycle For Millions of Workers
DailyPay Creates New Asset Class, Closes $200 Million Securitization of its On-Demand Pay Receivables To Support Top Employers In Ending The Archaic Two-Week Pay Cycle NEW YORK, June 30, 2025 /PRNewswire/ -- DailyPay, an industry-leading provider of On-Demand Pay as well as financial wellness solutions, today announced a $200 million asset-backed securitization (ABS) of its On-Demand Pay receivables. This landmark transaction, backed by some of the world's most prestigious financial institutions, establishes a new asset class and significantly extends DailyPay's capacity to partner with employers in discontinuing the traditional two-week pay cycle. With DailyPay, employers have an opportunity to modernize their relationship with their employees by offering their employees what they want and need: pay on their own schedule. DailyPay enables employers to offer on demand access to pay with no impact to their own cash flow management or payroll processes. 'In a recent study, more than half of Americans reported living paycheck-to-paycheck. And with rising inflation, consumer confidence is waning,' said Stacy Greiner, Chief Executive Officer, DailyPay. 'Hard working people now more than ever deserve access to their pay as they earn it. They deserve a financial system that works for them and addresses their on-demand pace of life. Our new capital position enables us to help even more employers and their employees, fueling our rapid growth.' 'This securitization marks a first for our industry, with strong investor demand validating our differentiated approach to delivering On-Demand Pay,' said Deepa Subramanian, Chief Financial Officer, DailyPay. 'With $25 billion in payments volume, we are continuously looking for new ways to optimize our capital structure to support our growth ambitions.' The offering included four classes of notes: Class A, Class B, Class C, and Class D. Morningstar DBRS rated all classes of notes, assigning ratings ranging from AA (sf) to BB (sf), respectively. Barclays acted as lead bookrunner and structuring agent, with Citi and Morgan Stanley serving as joint bookrunners. Latham & Watkins LLP advised DailyPay, and Mayer Brown LLP advised the bookrunners. With the addition of the new $200 million securitization, DailyPay has secured nearly $1 billion in debt financing backed by its On-Demand Pay receivables, which includes its existing $760 million secured debt facility with Barclays, Citi, and TPG Angelo Gordon. About DailyPay DailyPay is a worktech platform that offers industry-leading On-Demand Pay, as well as financial wellness solutions, for employers and employees. DailyPay serves a business-to-business-to-consumer ('B2B2C') ecosystem with its mission to power daily opportunities by providing employers with solutions to create a more engaged and productive workforce and by empowering employees to live a better financial life. DailyPay's platform, featuring an industry-leading On-Demand Pay solution, empowers employees to take control of their working lives, realize the benefit of their hard work in real time, and help them break living the paycheck-to-paycheck cycle. DailyPay is headquartered in New York City. For more information, visit Media Contacts: David Schwarz [email protected] Samantha Padilla [email protected] View original content to download multimedia: SOURCE DailyPay
Yahoo
5 hours ago
- Yahoo
Citi Maintained a Buy rating on Workiva (WK), Keeps the PT unchanged
Workiva Inc. (NYSE:WK) is one of the 10 Best 52-Week Low Tech Stocks To Buy According to Analysts. On June 17, Steve Enders from Citi maintained a Buy rating on Workiva Inc. (NYSE:WK) with a price target of $108. The rating comes after the company delivered robust results for its fiscal first quarter of 2025. The company posted a revenue of $$206 million, reflecting 17% year-over-year growth and ahead of market consensus by $2.23 million. Moreover, the EPS of $0.14 also exceeded the expectations by $0.07. A software engineer debugging a compliance code on a laptop in a modern office setting. The revenue growth was driven by broad-based demand across its solution platforms, reflected by a 20% increase in subscription revenue. In addition, Workiva Inc. (NYSE:WK) also grew its customers with an annual contract value of $500,000 by 32% during the same time. Management has maintained its FY2025 guidance and expects revenue to be in the range of $864 million to $868 million. Workiva Inc. (NYSE:WK) is a technology company that provides a unified SaaS platform. Its platform consolidates financial reporting, Environmental, Social, and Governance reporting, and Governance, Risk, and Compliance functions into a single entity. While we acknowledge the potential of WK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.