Raymond James Downgrades Citi (C) from Strong Buy to Outperform

June 5, 2012 9:30 AM EDT
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Price: $55.68 --0%

Rating Summary:
    18 Buy, 12 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 1 | Down: 5 | New: 3
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Raymond James' Anthony Polini downgraded shares of Citi (NYSE: C) from Strong Buy to Outperform in a research note Tuesday morning.

Notably, Polini has had a Strong Buy rating on Citi shares since May of 2010. The stock was over $37 at the time.

Citi shares are indicated to open about 0.1 percent lower. Just ahead of the open, the stock last traded at $24.79.

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

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