durfinve$tor schreef:
DJ MARKET TALK: Goldman Sachs Ups ING To Neutral From Sell
DJ MARKET TALK: Goldman Sachs Ups ING To Neutral From Sell
1315 GMT [Dow Jones] Goldman Sachs raises ING Group (ING) to neutral from sell, removes the stock from its conviction list and sell list, saying that given the Dutch Governments capital injection it believes a large part of its negative investment case has been priced into shares. Adds the transaction has secured the health of the business and bought the company time to generate the capital needed to withstand the current turmoil. Keeps price target at EUR14. ING shares +22% at EUR8.96. (SCK)
Contact us in London. +44-20-7842-9464
Markettalk.eu@dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of todayas most important business and market news, analysis and commentary:
www.djnewsplus.com/al?rnd=KfXVaU4ZPDn... You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
October 20, 2008 09:15 ET (13:15 GMT)
Copyright (c) 2008 Dow Jones & Company, Inc.