Reuters: Wachovia shares off; analyst says rise unjustified

[chris]

Wachovia shares off; analyst says rise unjustified
      

NEW YORK (Reuters) - Wachovia Corp  shares fell as much as 10 percent on Friday after a downgrade by a Morgan Keegan & Co analyst, who said the stock's 73 percent rise in seven trading days wasn't justified in light of its credit problems.
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