Citigroup Investor Seeks Resolution and 3 Stock Analyses to Note

Citigroup, Inc. (NYSE:C): CLSA’s Mike Mayo said that one investor, Trillium, is looking for a resolution that will require Citigroup to study a possible break-up. Mayo believes that Citigroup plans to examine break-up anyway under the new Chief Executive Officer, and noted that shares have traded below liquidation value. The analyst believes shares offer a free call option on a potential restructuring and expects the April 16, 2013 annual meeting to be an important date for the company. Shares are Outperform rated.

Anadarko Petroleum Corporation (NYSE:APC): Deutsche Bank added Anadarko Petroleum Corporation  to their short-term buy list.

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Abiomed Inc. (NASDAQ:ABMD): Piper Jaffray predicts that Abiomed Inc. could be forced to obtain a PMA, or pre-market approval, for their Impella device.  According to the agency’s website, pre-market approvals are the most stringent types of device marketing applications that are required by the Federal Drug Administration. The firm believes that the company will have to conduct a series of new studies, but they maintain an Overweight rating on their stock due to valuation. However, the firm expects their shares to remain range-bound in the near-term.

ZAGG Incorporated (NASDAQ:ZAGG): According to Northland, ZAGG Incorporated’s Chief Financial Officer confirmed that their Folio case is available in 1000+ Wal-Marts.

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