UPDATE: Guggenheim Securities Reiterates on Citigroup as Banks Paddling Hard Can Still Create Progress

In a report published Tuesday, Guggenheim Securities analyst Marty Mosby reiterated a Buy rating on Citigroup (NYSE: C ), and raised the price target from $64.00 to $68.00. In the report, Guggenheim Securities noted, “Until short-term interest rates are expected to rise soon or regulators loosen their grip on excess