Capital One Southcoast Downgrades CGG-Veritas (CGV) to Add

May 14, 2008 2:13 PM EDT

Capital One Southcoast downgrades CGG-Veritas (NYSE: CGV) from Strong Buy to Add, the firm said CGV will need to exhibit stability in earnings before the stock can make a resurgence.

CGG-Veritas provides geophysical services worldwide. It offers a range of seismic data acquisition, processing, and interpretation services, as well as related processing and interpretation software to clients in the oil and gas exploration and production.


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