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UPDATE: Societe Generale Downgrades Accenture on Struggling Consulting and Outsourcing Growth
Friday, June 28, 2013 - 9:30am | 127Read More...In a report published Friday, Societe Generale analyst Richard Nguyen downgraded Accenture (NYSE: ACN) from Hold to Sell and lowered its price target from $74 to $70. In the report, Societe Generale cited 3 primary reasons for the downgrade, “1) Consulting still struggling to return to growth:...
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UPDATE: Societe Generale Downgrades SM Energy to Hold on Cautious Near-Term Outlook
Friday, June 14, 2013 - 10:25am | 154Read More...In a report published Friday, Societe Generale analyst Bob Parija downgraded the rating on SM Energy (NYSE: SM) from Buy to Hold, but reiterated the $67.00 price target. In the report, Societe Generale noted, “As part of a more cautious near-term outlook on the 10 Mid-cap E&Ps that we cover...
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UPDATE: Societe Generale Upgrades Baker Hughes on Potential Benefits From Strong Growth In Deepwater Gulf of Mexico
Thursday, June 13, 2013 - 1:00pm | 117Read More...In a report published on Thursday, Societe Generale analyst Edward Muztafago upgraded Baker Hughes (NYSE: BHI) from Hold to Buy and maintained a price target of $54 on the company. In the report, Societe Generale stated, "BHI has the largest per share exposure to deepwater GOM growth, and our...
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UPDATE: Societe Generale Initiates BioAmber at Buy on Low-Cost, Disruptive Green Technology
Wednesday, June 12, 2013 - 3:32pm | 179Read More...In a report published on Wednesday, Societe Generale analyst Peter Clark initiated coverage on BioAmber (NYSE: BIOA) with a Buy rating and a price target of $15.00. In the report, Societe Generale noted, "In fermenting sugar to produce the flexible C4 building block bio-succinic acid, we see...
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Benzinga Market Primer: Monday, June 3
Monday, June 3, 2013 - 6:35am | 997Read More...Futures Slightly Higher as Global Shares Drop U.S. equity futures traded slightly higher in early pre-market trade despite weakness elsewhere around the world. Better than expected manufacturing PMIs across the eurozone are helping to prop assets despite sustained weakness in emerging markets...
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UPDATE: Societe Generale Downgrades UBS to Sell on Uncertainty of Future Revenue Streams
Tuesday, May 28, 2013 - 12:34pm | 126Read More...In a report published on Tuesday, Societe Generale analyst Dominio Watt downgraded UBS (NYSE: UBS) from Hold to Sell and lowered the price target from $16.39 to $15.37 In the report, Societe Generale stated, "When UBS announced its accelerated strategy in October 2012 we increased our target...
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UPDATE: Societe Generale Downgrades EQT to Hold, Raises PT on Risk/Reward
Wednesday, May 22, 2013 - 8:36am | 191Read More...In a report published Wednesday, Societe Generale analyst Bob Parija downgraded the rating on EQT (NYSE: EQT) from Buy to Hold, but raised the price target from $81.00 to $85.00. In the report, Societe Generale noted, “Year to date, shares of EQT are up 37% versus 13% for the EPX, 17% for the S...
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A Peek Into The Market Before The Trading Starts
Wednesday, May 22, 2013 - 7:17am | 332Read More...Pre-open movers US stock futures are higher this morning. Futures for the Dow Jones Industrial Average gained 18 points to 15,373.00 and S...
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UPDATE: Societe Generale Upgrades Boeing to Hold on Multiple Positive Factors
Friday, May 10, 2013 - 7:47am | 160Read More...In a report published Thursday, Societe Generale analyst Zafar Khan upgraded the rating on The Boeing Company (NYSE: BA) from Sell to Hold, and raised the price target from $86.00 to $94.00. In the report, Khan noted, “After trading in the $60-$75 range between 2010 and 2012, Boeing shares have...
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Benzinga Market Primer: Tuesday, May 7
Tuesday, May 7, 2013 - 6:29am | 1146Read More...Futures Flat Following RBA Rate Cut, European Bank Earnings U.S. equity futures traded near flat following a surprise rate cut from the Reserve Bank of Australia while earnings from three of Europe's largest banks reported better than expected earnings. However, futures awaited key earnings from...
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UPDATE: Societe Generale Raises PT on Ensco plc on Favorable Supply Balance
Wednesday, May 1, 2013 - 12:33pm | 144Read More...In a report published Wednesday, Societe Generale analyst Edward Muztafago reiterated a Buy rating on Ensco plc (NYSE: ESV), and raised the price target from $73.00 to $76.00. In the report, Muztafago noted, “Deepwater day-rates have remained flat for several quarters, and some on the Street are...
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UPDATE: Societe Generale Upgrades Halliburton to Buy on Strong Global Performance
Wednesday, April 24, 2013 - 9:21am | 169Read More...In a report published Wednesday, Societe Generale analyst Edward Muztafago upgraded the rating on Halliburton Company (NYSE: HAL) from Hold to Buy, and raised the price target from $44.00 to $49.00. In the report, Muztafago noted, “HAL shares have fallen nearly 10% from their peak in mid-February...
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UPDATE: Societe Generale Lowers PT on IBM Following Disappointing Q1'13 Results
Monday, April 22, 2013 - 12:17pm | 103Read More...In a report published Monday, Societe Generale analyst Richard Nguyen reiterated a Hold rating on International Business Machines Corp. (NYSE: IBM), but lowered the price target from $211.00 to $203.00. In the report, Nguyen noted, “Following IBM's disappointing Q1 13 results, we reduce our FY13-...
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UPDATE: Societe Generale Upgrades Coca-Cola Enterprises to Buy on Potential CCE AG Acquisition
Wednesday, April 17, 2013 - 8:35am | 168Read More...In a report published Tuesday, Societe Generale analyst Nicolas Ceron upgraded the rating on Coca-Cola Enterprises (NYSE: CCE) from Hold to Buy, and raised the price target from $37.00 to $42.50. In the report, Ceron noted, “We upgrade CCE from Hold to Buy on a target price raised to $42.5 to...
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Gold May Have a Lot Further to Fall According to this Analyst
Monday, April 15, 2013 - 9:42am | 199Read More...Monday morning, Dennis Gartman, talking about the recent gold price action, said to CNBC: "Here we are under [$1,400]. Who would have thought it? Not I." If one analyst is correct, Gartman is about to be even more shocked. Technical analyst Stephanie Aymes at Societe Generale believed the...





