Sterne Agee Downgrades General Cable (BGC) to Neutral

October 26, 2009 5:10 PM EDT

Sterne Agee downgrades General Cable Corp. (NYSE: BGC) from Buy to Neutral, also cutting its price target from $39 to $38.

Today's downgrade follows Q2 earnings from General Cable this morning. The stock fell nearly 11% during the trading session and appears to be flat at $34.44 in extra-hours trading today.

Visit our Analyst Ratings page to see all the upgrades/downgrades on shares of General Cable.

General Cable Corporation provides copper, aluminum, and fiber optic wire and cable products worldwide.


Related Categories

Downgrades

Stocks Mentioned

BGC 30.94

-0.11 -0.35%
Volume: 487,829
Track BGC


Related Entities


Add Your Comment