UPDATE: Citi Downgrades T. Rowe Price Group
January 21, 2014 at 10:28 AM EST
In a report published Tuesday, Citi analyst Neil Stratton downgraded T. Rowe Price Group (NASDAQ: TROW ) to Neutral from Buy, dropping its price target to $85.00 from $93.00. According to the report, the downgrade represents recent fund closures and PM turnover are likely to temper flow recovery. 2014 is
