BNP Paribas: Solid Quarter, Higher Targets - But Sudan Overhang Keeps Us Neutral

Our timing in downgrading BNP Paribas ( OTCQX:BNPQF )( OTCQX:BNPQY ) proved fortunate (Fig. 1). Just a few days later, the bank's shares came under pressure amid news of the Sudan case and rising concerns over legal claims.Buy-side hedge professionals conducting fundamental, income oriented, long term analysis across sectors globally in developed markets. Please shoot us a message or leave a comment to discuss ideas.DISCLOSURE: All of our articles are a matter of opinion, informed as they might be, and must ...