"Turkey: Citigroup Remains 'Positive' on Turkish Equities Long Term
14:25 - 27 March 2006 - Citigroup, in its recently published report, maintains a positive stance on Turkish equities longer term even after a 500% rise in the past three years, however, its analysts advise locking-in profits now in light of near-term risks and waiting for a better entry point. Specifically, Citigroup analysts stated that there is not enough upside left in the near term to warrant the risks associated with the current account deficit and an overvalued lira. "
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