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BGC Partners (BGCP +13.8%) surges, helped by upgrade to Strong Buy at Raymond James, with...

BGC Partners (BGCP +13.8%) surges, helped by upgrade to Strong Buy at Raymond James, with analyst Pat O'Shaughnessy saying a 29% November decline (following weak earnings) isn't warranted. The firm, he says, should have no trouble paying its now-reduced dividend, and any impairment to operations from Sandy is temporary.
Comments (1)
  • dr_sean
    , contributor
    Comments (9) | Send Message
     
    totally agreed w/ the analyst here didn't see why it should've been so hammered.
    19 Nov 2012, 04:00 PM Reply Like
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