Global Brokerage Inc. (GLBR)

[PennyStockInvestor]

Citi affirmed its Sell rating and $0.75 price target on FXCM

Analyst William R. Katz saw a 75 percent downside to the stock and felt that its shares were being boosted by retail day-traders who may be looking at short-term technicals rather than the “significantly impaired equity value” of the company.

Katz believed “the residual value to shareholders is worth no greater than $0.60 to $0.85 per share”

Read more at: http://www.benzinga.com/analyst-ratings/analyst-color/15/01/5173925/citi-sees-75-downside-on-fxcm-shares#ixzz3PfqMGyRz