MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, August 24, 2007 Eaton Vance Stock Receives Downgrade 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." Printed from: MFWire.com/story.asp?s=15515 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |