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

|About: Eaton Vance Corporation (EV)|By:, SA News Editor

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."