Sterne Agee Downgrades General Cable (BGC) to Neutral
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.
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