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Eaton Vance (EV -4.6%) is downgraded to Sell by Citigroup, which says the asset manager's shares...

Eaton Vance (EV -4.6%) is downgraded to Sell by Citigroup, which says the asset manager's shares don't deserve in-line or premium valuations of "faster-growing and generally better strategically positioned players." EV is "clearly losing retail market share," while fund-flow trends are "negative" with the "least marketable Morningstar ratings among flagship funds."
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