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TravelCenters of America (NYSE:TA) has been downgraded from Buy to Sell in a report by Citigroup today.

Citigroup has downgraded TravelCenters of America (NYSE:TA) from Buy to Sell in a report released on Wednesday October 11, 2017.

Yesterday TravelCenters of America (NYSE:TA) traded -6.54% lower at $5.00. The company’s 50-day moving average is $4.03 and its 200-day moving average is $4.40. The last closing price is up 13.54% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 344,057 shares of the stock traded hands, down from an average trading volume of 374,932

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TravelCenters of America (NYSE:TA)

TravelCenters of America has a 52 week low of $2.95 and a 52 week high of $7.75 The company’s market cap is currently $0.

In addition to Citigroup reporting its stock price target, a total of 5 brokers have issued a report on the company. The average stock price target is $14.80 with 4 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About TravelCenters of America (NYSE:TA)

TravelCenters of America LLC (TravelCenters) operates and franchises travel centers and convenience store and restaurant locations. The Company's segments include travel centers, convenience stores, and corporate and other. The Company offers a range of products and services, including diesel fuel and gasoline, as well as nonfuel products and services, such as truck repair and maintenance services, full service restaurants, quick service restaurants (QSRs), travel/convenience stores and various customer amenities. Its customers include trucking fleets and their drivers, independent truck drivers, highway and local motorists, and casual diners. As of December 31, 2016, the Company's business included 255 travel centers in 43 states in the United States primarily along the United States interstate highway system, and the province of Ontario, Canada. As of December 31, 2016, the Company's business included 233 convenience stores in 11 states in the United States.

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