A report from Citi reiterates the Sell rating and lowers the price target from $2 to $1 on Eastman Kodak Co. (NYSE: EK)
In the report, Citigroup writes, “We continue to give the company credit for inkjet share gains. EK's Consumer Inkjet business grew 50% in 2Q11, far outpacing the inkjet market.”.
EK closed yesterday at $1.22.
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