UPDATE: Citigroup Downgrades Axiall Corp. as Upside Scenario is Less Likely Near-Term
October 30, 2013 at 10:42 AM EDT
In a report published Wednesday, Citigroup analyst P.J. Juvekar downgraded the rating on Axiall Corp. (NYSE: AXLL ) from Buy to Neutral, and lowered the price target from $46.00 to $43.00. In the report, Citigroup noted, “We are moving to the sidelines on AXLL for 3 reasons based on recent