By: Benzinga
UPDATE: Canaccord Genuity Downgrades BP to Hold on Limited Upside, Long-Term Outlook
Canaccord Genuity downgraded BP p.l.c. (NYSE: BP ) from Buy to Hold with a reiterated $46.00 price target. Canaccord Genuity noted, "We see cash flow recovering strongly over 2013-15 as production recovers and high-margin volumes come on stream. However, we are less convinced over longer term growth potential. Our
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