Citi downgrades utility names

|By:, SA News Editor

Citi downgrades a number of names in the utility space.

Entergy (ETR) is cut to Sell from Neutral.

FirstEnergy (FE) cut to Sell from Neutral.

ConEd (EDcut to Neutral from Buy.

NRG cut Neutral from Buy.

ETFs: XLU, IDU, VPU, RYU, PUI, UPW, SDP, FXU, PSCU, FUTY, UTLT