Blue Nile: Upgrade From Citigroup Raises Contextual Questions - Seeking Alpha »
Posted By GilbertZ 1 year, 2 months ago in Business & FinanceI was surprised to see Blue Nile, Inc. (NILE) pop upward to close at $78.56, up $6.59 from $71.97, after Citigroup upgraded the stock to a Buy from a Hold. Citigroup also raised its target price to $88 from $51. If I understand this situation correctly, on this past Friday Citigroup had a hold on Blue Nile with a target of $51, when the stock was t
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