NBG# Stock
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National Bank of Greece S.A. (NYSE: NBG) was given the equivalent of a Sell
rating on Monday. HSBC initiated coverage with an Underweight rating. The mo
ve comes on the heels of last week抯 earnings and also about two weeks after
reports circulated that Greece抯 government was facing a budget surplus for
the first time in years. The ADSs in New York are still down 75% from their
peak of the past year, and that is still after doubling from the lows. In t
he same call, HSBC issued an Underweight rating for local rival Alpha Bank a
nd a Neutral rating for another rival named Piraeus.
Read more: Top Analyst Upgrades and Downgrades: eBay, NBG, Petrobras, Twitte
r and More - eBay (NASDAQ:EBAY) - 24/7 Wall St. http://247wallst.com/investi
ng/2013/12/02/top-analyst-upgrades-and-downgrades-ebay-nbg-petrobras-twitter
-and-more/#ixzz2mO8PC6Dv
Follow us: @247wallst on Twitter | 247wallst on Facebook
rating on Monday. HSBC initiated coverage with an Underweight rating. The mo
ve comes on the heels of last week抯 earnings and also about two weeks after
reports circulated that Greece抯 government was facing a budget surplus for
the first time in years. The ADSs in New York are still down 75% from their
peak of the past year, and that is still after doubling from the lows. In t
he same call, HSBC issued an Underweight rating for local rival Alpha Bank a
nd a Neutral rating for another rival named Piraeus.
Read more: Top Analyst Upgrades and Downgrades: eBay, NBG, Petrobras, Twitte
r and More - eBay (NASDAQ:EBAY) - 24/7 Wall St. http://247wallst.com/investi
ng/2013/12/02/top-analyst-upgrades-and-downgrades-ebay-nbg-petrobras-twitter
-and-more/#ixzz2mO8PC6Dv
Follow us: @247wallst on Twitter | 247wallst on Facebook