Clear Street weighs downsizing IPO by about a third, Bloomberg News reports

Feb 11 (Reuters) - Wall Street broker Clear Street is now aiming to raise as much as $364 million in its initial public offering, about a third of its initial target of $1.05 billion, Bloomberg News reported on Wednesday, citing sources.

The company is planning to offer 13 million shares at a revised price range of $26 to $28 per share, the report said.

Last week, Clear Street had said it was looking to offer 23.8 million shares priced between $40 and $44 apiece.

Clear Street declined to comment on the Bloomberg News report.