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Analyst Moves: Citigroup, Coach
Thursday, September 20, 12:22 PM ET

This morning, UBS downgraded shares of Citigroup from buy to neutral citing valuation. The stock is approaching the firm's $36 price target leaving less upside for investors at this time.

In morning trading, shares of Citigroup were lower, falling 1.8% on the news.

And Credit Suisse downgraded shares of Coach (NYSE:COH) from outperform to neutral, also citing valuation. Shares of Coach are approaching the firm's $63 price target prompting the downgrade.

Coach shares were lower by 0.6% this morning.

For MarketNewsVideo.com, I'm Sayoko Murase.

Analyst Moves:  Citigroup, Coach picture
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