Citigroup Downgrades Waddell & Reed To Neutral

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Analysts at Citigroup downgraded Waddell & Reed Financial
WDR
from “buy” to “neutral.” Waddell & Reed shares have jumped 28.14% the past 52 weeks, while the S&P 500 index has gained 18.82% in the same period. Waddell & Reed's shares fell 2.83% to close at $60.84 yesterday.
Posted In: DowngradesAnalyst RatingsCitigroup
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