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PennyStockInvestor

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PennyStockInvestor

Re: PennyStockInvestor post# 15381

Wednesday, 03/18/2015 11:10:13 AM

Wednesday, March 18, 2015 11:10:13 AM

Post# of 18419

Citigroup took a "deep dive" into FXCM Inc and slashed its price target from $0.75 to $0.50 per share. That's roughly an 80 percent decline from Tuesday's close of $2.45.

The price target cut is the result of Citi's research into the company's asset sales and growth and a belief that the Leucadia National Corp. LUK loan terms "all but wipes out the equity."


http://www.benzinga.com/analyst-ratings/analyst-color/15/03/5336490/citigroup-fxcm-worth-just-0-50-per-share#ixzz3UkZfuWbx
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