UPDATE: Citigroup Reiterates, But Lowers PT on NII Holdings on Multiple Challenges Going Forward

In a report published Monday, Citigroup analyst Lucio Aldworth reiterated a Sell rating on NII Holdings (NASDAQ: NIHD ), but lowered the price target from $3.00 to $2.00. In the report, Citigroup noted, “NII's push-to-talk services face a tough future with falling mobile pricing among its mass-market competitors, a limited