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Why Netflix Is 'Priced For Perfection'
Friday, January 22, 2016 - 10:33am | 335Read More...Shares of Netflix, Inc. (NASDAQ: NFLX) have appreciated 112.39 percent over the past one year, reaching a high of $130.93 on December 4. Societe Generale’s Christophe Cherblanc has maintained a Sell rating on the company, while raising the price target from $84 to $95. Despite the...
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Alphabet's Glass Is Not Yet Full
Friday, January 22, 2016 - 10:16am | 355Read More...Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) shares have appreciated 42.36 percent over the past one year, rising to a high of $793.96 on December 29. Societe Generale’s Christophe Cherblanc has reiterated a Buy rating on the company, while raising the price target from $705 to $910...
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Ice Age Thesis: Here's Why The S&P Might Fall Below 666
Wednesday, January 13, 2016 - 2:25pm | 262Read More...In a new report, Societe Generale analyst Albert Edwards explains why the bumpy start to 2016 for global equity markets could be the beginning of a catastrophic collapse in equity valuations to levels below the ones seen during the worst of the Financial Crisis. According to Edwards, the...
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Why Hugo Boss And Prada Are Having Problems
Friday, November 27, 2015 - 11:09am | 623Read More...Prada S.p.A. (HKG: 1913) shares are down 37 percent year-to-date, while shares of Hugo Boss AG (ETR: BOSS) have dipped 20 percent over the same period. Societe Generale’s Thierry Cota maintained a Hold rating on Hugo Boss, while reducing the price target from €100 to €89....
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SocGen Thinks Bull Market Won't End Until 2017?
Friday, November 27, 2015 - 11:00am | 277Read More...Société Générale’s Patrick Legland said that global equities could enjoy another bright year. Legland expects S&P 500 to underperform, while citing CAC40 and FTSE MIB as the favorites. Analyst Patrick Legland said that the current bull market is...
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Citi Remains Consensus Buy On Wall Street, But SocGen Begs To Differ
Thursday, November 5, 2015 - 11:00am | 333Read More...Citigroup Inc (NYSE: C) shares have been volatile so far in 2015, and are down less than 1 percent year-to-date. Societe Generale’s Murali Gopal maintained a Hold rating on the company, with a price target of $56. Citi faces a challenging operating environment and its earnings...
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Why The Next Recession Is Coming Sooner Than You Think
Thursday, September 24, 2015 - 1:30pm | 1041Read More...Societe Generale’s Albert Edwards believes that the United States could soon set negative interest rates for the first time. Edwards argued that the United States is currently in a worse economic position than Japan was prior to its lost decade. He presented data that China’s slumping...
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The Fall Of Volkswagen: How Analysts Are Reacting
Tuesday, September 22, 2015 - 1:15pm | 748Read More...Shares of Volkswagen AG (ADR) (OTC: VLKAY) plunged to new 52-week lows of $24.40 on Tuesday. Investors and traders continue reacting to the negative headlines that the company manipulated its emissions standards data. Volkswagen stated it will fully cooperate with regulators, as emissions under...
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Top Analyst Says Buy Total Ahead Of This Key Meeting
Tuesday, September 22, 2015 - 9:56am | 374Read More...Total SA (ADR) (NYSE: TOT) shares have lost 12 percent year-to-date, and have traded below the $55 mark since early February. Societe Generale’s Irene Himona upgraded the rating for the company from Hold to Buy, while reducing the price target from €48 to €46. Himona...
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Is It Finally Time To Buy European Banks?
Wednesday, September 9, 2015 - 9:51am | 405Read More...In a new report, Societe Generale analyst Geoff Dawes explains why the latest earnings numbers from European banks indicate that it may finally be time for buyers to return to the space. Societe Generale believes they are finally seeing signs of the long-awaited turnaround for European banks....
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Poll: Did A Bear Market Just Begin?
Thursday, August 27, 2015 - 11:39am | 297Read More...Analysts are attempting to put probabilities on the likelihood of a bear market, ranging from a few percentage points to to 99.7 percent. As Business Insider reported early Thursday morning, Societe Generale's Albert Edwards is betting on the latter. From his morning note: "[L]et me...
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Societe Generale Sees 'Turning Point' For Philips, Upgrades to Buy
Tuesday, July 28, 2015 - 8:21am | 246Read More...In a report published Tuesday, Societe Generale analyst Gael de- Bray upgraded the rating on Koninklijke Philips NV (ADR) (NYSE: PHG) to Buy, while raising the price target from €26 to €29. Philips reported its 2Q earnings ahead of expectations. Analyst Gael de-Bray believes that the company is...
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What Has Wall Street Been Saying About Google?
Thursday, July 16, 2015 - 12:03pm | 921Read More...Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is scheduled to report its second quarter results after Thursday's close. Estimize, the crowd-sourcing earnings and economic platform, is predicting Google will earn $6.77 per share in the second quarter (based on 126 estimates) on revenue of $14....
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How The Street Is Reacting To JPMorgan's Earnings
Tuesday, July 14, 2015 - 1:43pm | 437Read More...JPMorgan Chase & Co. (NYSE: JPM) on Tuesday reported its second quarter results which were stronger than expected. Here is how Wall Street is reacting to the print so far. RBC: Consumer And Community Banking Results ‘Strong' Gerard Cassidy of RBC Capital Markets commented in a...
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Apple Upgraded At Societe Generale, Firm Sees 'Encouraging' Start For Apple Watch
Monday, July 13, 2015 - 7:28am | 242Read More...In a report published Monday, Societe Generale analyst Andy Perkins upgraded the rating on Apple Inc. (NASDAQ: AAPL) from Hold to Buy, while maintaining a price target of $140, on continued growth in the company's revenues. Apple is expected to report robust F3Q15 results, driven by strong sales of...












