Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Citigroup Cuts Mills to Sell

Citigroup downgraded the real estate investment trust Mills (MLS) to sell from hold.

Mills had in late February announced plans to explore a possible sale. On March 7, news hit about a lawsuit against Mills that alleges the company misled its investors.

Analyst Jonathan Litt cut his stock price target to $35. He noted factors such as the costs that the company might face down the line, among other things. He changed his estimate on the company's net asset value to $37 from above $40, after assuming possibilities ranging from costs related to a shareholder lawsuit to further writedowns.

blog comments powered by Disqus