Citigroup Issues a Caution Statement on Small and Mid Cap Companies

“(Reuters) – Citigroup said it has a cautious view on the U.S. small-and mid-cap companies on concerns over earnings pressure in the second half amid the euro zone crisis and the political uncertaintyin the United States.

Analyst Scott Chronert downgraded the small and mid-cap technology sector to “market weight”, saying expectations for margin improvement for the group may be tough to meet even as valuations remain attractive.”

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