citigroup puts a sell on sxy, page-3

>Unfortunately you come to expect any takeover target to be pushed down one way or another.

Yes, one does wonder... a rather baffling call otherwise. Would like to see some more detail before I make my mind up though. I gather that their target price is low 60s, which is hardly a reason to sell at 69.5, I would have thought -- unless you're a short-termer with large holdings & after a quick buck.

Years ago I remember One State putting a sell rec on ADY, which was something of a market darling at the time and of course no-one really believed them (nor did I). But they were dead right, as it turned out.

So I'd like to see this report, or someone's summary of it, if someone here is able to assist (I have searched the Citi site but without any association with Citi I have no access to the parts of the site where this report is likely to be).