UPDATE - Citi Downgrades Eaton Vance (EV) to Sell; Off The Call: Lowering Estimates

UPDATE - Citi downgrades Eaton Vance (NYSE: EV) from Hold to Sell. PT lowered from $32 to $23. Citi analyst says, "Believe organic growth likely to slow on both absolute and relative bases, collapsing the premium valuation, with stepped up investment spending and adverse mix shift likely blunting operating leverage, ex above trend capital...

Read More