UPDATE: Citi Downgrades Lamar Advertising
January 23, 2014 at 10:39 AM EST
In a report published Thursday, Citi analyst Jason Bazinet downgraded Lamar Advertising (NASDAQ: LAMR ) to Neutral from Buy, raising its price target to $54.00 from $53.00. According to the report, in June 2013, LAMR issued a press release stating the IRS was forming a special working group to