UPDATE: Societe Generale Downgrades Hess Corporation to Hold on Limited Upside
January 31, 2013 at 08:18 AM EST
Societe Generale downgraded Hess Corporation (NYSE: HES ) from Hold to Buy with a $68.00 price target. Societe Generale commented, "We downgrade the stock to Hold from Buy even though we very much like what HES is doing operationally. … Our rationale for downgrade is that we don't believe