Ladenburg Thalmann Dowgrades National City (NCC) to Neutral

August 14, 2008 9:13 AM EDT

Ladenburg Thalmann's Richard Bove dowgrades National City (NYSE: NCC) from Buy to Neutral, maintaing his $6 price target.

National City closed at $4.88 yesterday.

National City Corporation, a financial holding company, provides commercial and retail banking, mortgage financing and servicing, consumer finance, and asset management services in the United States.


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