Eaton Vance Corporation (EV) downgraded to Sell with price target $20 by Ticonderoga
Ticonderoga rated Sell Eaton Vance Corporation (NYSE: EV) on 09/02/2011, when the stock price was $22.93. Since
then, Eaton Vance Corporation has gained 84.61% as of 05/23/2013's recent price of $42.33. If you would have followed this Ticonderoga's recommendation on EV, you would have lost 45.83% of your investment in 629 days.
Eaton Vance Corp. is engaged in managing investment funds and providing investment management and counseling services to high-net-worth individuals and institutions. The Company?s product line offers fund shareholders, retail managed account investors, institutional investors and high-net-worth clients a range of products and services designed and managed to generate attractive risk-adjusted returns over the long term. The Company conducts the investment management business through four wholly owned affiliates, Eaton Vance Management, Boston Management and Research, Eaton Vance Investment Counsel and Eaton Vance Trust Company, and four other consolidated subsidiaries, Atlanta Capital Management Company, LLC, Fox Asset Management LLC, Parametric Portfolio Associates LLC and Parametric Risk Advisors LLC. In December 2008, Eaton Vance Corp.'s wholly owned subsidiary, Eaton Vance Management, acquired the Tax Advantaged Bond Strategies business of M.D. Sass Investors Services.
is a growing financial services firm, delivering high quality services to a broad spectrum of institutional clients. Ticonderoga
operates from its headquarters in New York, along with additional offices in Richmond and San Francisco.