Morgan Stanley Downgrades Citi (C) to Equalweight

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Morgan Stanley downgraded Citi (NYSE: C) from Overweight to Equalweight.

The downgrade was the part of a broader call on U.S. Large Cap banks, which were cut to In-Line at Morgan Stanley on Euro worries and slower 2013 U.S. growth.

For an analyst ratings summary and ratings history on Citi click here. For more ratings news on Citi click here.

Shares of Citi closed at $23.63 yesterday, with a 52 week range of $4.10-$45.12.

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