Sandler O'Neill Downgrades Waddell & Reed Financial (WDR) to Sell
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Sandler O'Neill downgrades Waddell & Reed Financial Inc. (NYSE: WDR) from Hold to Sell with a $28 price target.
Waddell & Reed Financial, Inc., through its subsidiaries, provides investment management, investment product underwriting and distribution, and shareholder services administration to mutual funds, and institutional and separately managed accounts.
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