Goldman Sachs Upgraded ING (ING), Adds to Buy List
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Earlier, Goldman Sachs upgraded ING (NYSE: ING) from Neutral to Buy and added the stock to their Conviction Buy List. The firm's 3-month price target was raised from EUR9 to EUR10.
The firm said two of the three asset classes causing th most damange, equities and Alt-A, have been significantlyh reduced. They are now more confident in ING's ability to withstand future losses.
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