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UPDATE: Societe Generale Downgrades Hess Corporation on Bakken Overcapitalization Concerns
Tuesday, October 1, 2013 - 12:03pm | 166Read More...In a report published Tuesday, Societe Generale analyst John Herrlin downgraded the rating on Hess Corporation (NYSE: HES) from Buy to Hold, but raised the price target from $80.00 to $86.00. In the report, Societe Generale noted, “As part of our 3Q E&P sector preview note published today, we...
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UPDATE: Societe Generale Upgrades Accenture PLC Following FY13 Earnings Report
Monday, September 30, 2013 - 8:56am | 110Read More...In a report published Monday, Societe Generale analyst Richard Nguyen upgraded the rating on Accenture PLC (NYSE: ACN) from Sell to Hold, and raised the price target from $70.00 to $75.00. In the report, Societe Generale noted, “Following FY13 earnings, we raise our FY14-15 EPS estimates by 4% on...
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UPDATE: Societe Generale Downgrades Apple on Near-Term Uncertainty
Monday, September 23, 2013 - 12:09pm | 209Read More...In a report published Monday, Societe Generale analyst Andy Perkins downgraded the rating on Apple (NASDAQ: AAPL) from Buy to Hold, but reiterated the $500.00 price target. In the report, Societe Generale noted, “It is clearly good news that Apple has sold more new handsets than it was expecting....
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UPDATE: Societe Generale Upgrades SM Energy on Positive Outlook
Friday, September 20, 2013 - 11:24am | 125Read More...In a report published Friday, Societe Generale analyst Bob Parija upgraded the rating on SM Energy Co. (NYSE: SM) from Hold to Buy, and raised the price target from $67.00 to $92.00. In the report, Societe Generale noted, “Upgrading to BUY from HOLD and increasing our TP to $92 We believe the...
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UPDATE: Societe Generale Lowers PT on Oracle Corporation on Multiple Challenges Ahead
Thursday, September 19, 2013 - 11:40am | 217Read More...In a report published Thursday, Societe Generale analyst Richard Nguyen reiterated a Hold rating on Oracle Corporation (NYSE: ORCL), but lowered the price target from $36.50 to $35.00. In the report, Societe Generale noted, “We think Oracle may continue to struggle in H2 13 due to company-specific...
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UPDATE: Societe Generale Upgrades FMC Technologies on Overblown Fears
Friday, August 23, 2013 - 10:06am | 131Read More...In a report published Friday, Societe Generale analyst Edward Muztafago upgraded the rating on FMC Technologies (NYSE: FTI) from Hold to Buy, and reiterated the $65.00 price target. In the report, Societe Generale noted, “Investors have become concerned that subsea equipment manufacturers could...
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China: As If One Bubble Wasn't Enough...
Friday, August 2, 2013 - 12:29pm | 733Read More...China's future, oddly enough, looks much like the U.S.' past. Fossil fuels, housing and credit have never been more accessible or in higher demand. Once again, no one read the fine print: this is unsustainable. The extent of damage control possible is now a speculative bubble all its own. Here'...
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Societe Generale Reiterates Buy Rating on Apple Following Q3 Results Announcement
Wednesday, July 24, 2013 - 10:55am | 186Read More...In a report published Wednesday, Societe Generale analyst Andy Perkins reiterated a Buy rating and $500.00 price target on Apple (NASDAQ: AAPL). In the report, Societe Generale noted, “Apple announced a broadly positive set of Q3 results last night. However, very good iPhone volumes were offset...
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Smartphone Shipments Rose 31% in Q2 - Did Apple Cash In?
Tuesday, July 23, 2013 - 3:26pm | 552Read More...Market intelligence firm TrendForce has reported that smartphone shipments increased significantly during the second quarter. Global shipments increased 31.4 percent over Q2 2012 as manufacturers sent 221 million units to retail. This is also a 6.6 percent increase over the first quarter of the...
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Apple Earnings Preview: Lackluster Quarter Expected (AAPL)
Tuesday, July 23, 2013 - 12:21pm | 1377Read More...Apple (NASDAQ: AAPL) is expected to report fiscal third quarter results after the bell Tuesday. The company is expected to report a lackluster quarter with anticipated EPS to decline from the same quarter a year ago on relatively flat revenue. Apple's stock has also massively underperformed the...
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Societe Generale Reiterates Buy Rating on Apple Ahead of Q3 Results
Wednesday, July 17, 2013 - 8:53am | 241Read More...In a report published Wednesday, Societe Generale analyst Andy Perkins reiterated a Buy rating and $500.00 price target on Apple (NASDAQ: AAPL). In the report, Societe Generale noted, “Apple is to report its Q3 2013 results on 23 July after the markets have closed. Our work suggests that Asian...
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UPDATE: Societe Generale Initiates Constellium at Buy on Good Market Position
Thursday, July 11, 2013 - 9:00am | 123Read More...In a report published Thursday, Societe Generale analyst Alasdair Leslie initiated coverage on Constellium (NYSE: CSTM) with a Buy rating and $20.00 price target. In the report, Societe Generale noted, “We are initiating our coverage of Constellium with a Buy rating and a $20 target price. Post...
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S&P Takes the Axe To Banks; Shares Drop (CS, DB, BCS)
Wednesday, July 3, 2013 - 8:26am | 651Read More...S&P cut the debt ratings of three of Europe's largest banks late Tuesday as new rules and "uncertain market conditions" threaten business across the continent. Barclays (NYSE: BCS), Credit Suisse (NYSE: CS), and Deutsche Bank (NYSE: DB) all had their credit ratings cut one notch. Downgrades...
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UPDATE: Societe Generale Downgrades BlackBerry to Hold Following Disappointing Results
Monday, July 1, 2013 - 10:35am | 162Read More...In a report published Monday, Societe Generale analyst Andy Perkins downgraded the rating on BlackBerry (NASDAQ: BBRY) from Buy to Hold, but reiterated the $11.50 price target. In the report, Societe Generale noted, “RIM announced an extremely disappointing set of results last Friday. Unit sales...
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UPDATE: Societe Generale Initiates Cognizant Technology Solutions at Buy on Strong Growth Rate
Friday, June 28, 2013 - 9:45am | 141Read More...In a report published Friday, Societe Generale analyst Mukul Garg initiated coverage on Cognizant Technology Solutions (NASDAQ: CTSH) with a Buy rating and $74.00 price target. In the report, Societe Generale noted, “Cognizant's revenues have grown rapidly over last few years, outpacing most of...





