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View Full Version : ONGC Cut to ‘Reduce’ by BNP Paribas After Recent Price Increase - Bloomberg



NewsWhore
04-08-2009, 02:40 AM
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ONGC Cut to ‘Reduce’ by BNP Paribas After Recent Price Increase (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3Da6KmbaOLzn7I%26refer%3Dindia&cid=0&ei=UDrcSappm_Qy68nwpQ0&usg=AFQjCNGJ7iu5dxOIZumQPP7NNIuIrNNceg)
Bloomberg
ONGC’s price target was increased to 719 rupees from 710 rupees because of higher crude price estimates and currency valuations, BNP Paribas analysts Amit Shah and Alok Deshpande said in a note to clients today. The shares have advanced 33 percent so ...


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