Waddell & Reed Financial (WDR) Tops Q2 EPS by 7c

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Keefe, Bruyette & Woods Downgrades Waddell & Reed (WDR) to Market Perform

July 30, 2014 6:46 AM EDT

Keefe, Bruyette & Woods downgraded Waddell & Reed (NYSE: WDR) from Outperform to Market Perform with a price target of $63.00 (from $74.00).

For an analyst ratings summary and ratings history on Waddell & Reed click here. For more ratings news on Waddell & Reed click here.

Shares of Waddell & Reed closed at $55.41 yesterday.

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