Eaton Vance's stock was downgraded by JPMorgan analyst
Kenneth Worthington. Bloomberg
reports that Worthington downgraded Eaton's stock from "buy" to "sell," because the performance of the company's muni funds has been "decimated" from bad investments in tobacco bonds. In a note to his clients, Worthington said that the funds may be "forced selling at a time when the muni market has little liquidity."
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