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Analyst Moves: BPL, TRLG
Monday, February 13, 4:36 PM ET

Buckeye Partners (NYSE:BPL) was downgraded today by Citigroup (NYSE:C) to sell from neutral with a price target of $58, as the company has low distribution coverage and utilizes high leverage.

Shares are lower by nearly 2.6 percent.

True Religion Apparel (NASDAQ:TRLG) was downgraded by Citigroup (NYSE:C) to neutral from buy with a price target of $37, as its international ventures are still in the investment stage and not profitable.

Shares are lower by about a third of a percent.

For MarketNewsVideo.com, I'm Kristin Bianco.

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