Convergys Corporation

BGB Securities has raised the price target on Convergys Corporation (NYSE: CVG) from $18 to $19 and maintains its Buy rating.

According to Goldman Sachs, Convergys (NYSE: CVG) announced that it will sell its holdings in Cincinnati SMSA and Cincinnati SMSA Tower Holdings (“cellular partnerships”) to AT&T for approximately $320 mn in cash ($250 mn net of tax). Goldman Sachs said that the company noted that the sale...

Goldman Sachs has published a research report on Convergys Corporation (NYSE: CVG) after the company's announcement to sell its holdings in Cincinnati SMSA after market close yesterday. In the report, Goldman writes, "After the close (6/2/11), CVG announced that it will sell its holdings in...

Oppenheimer is assuming coverage of Convergys Corporation (NYSE: CVG). “Our estimates, ratings and price targets remain intact at this time,” Oppenheimer writes. Convergys Corporation closed Tuesday at $13.81.

Kaufman Bros. analysts Karl Keirstead and Shateel Alam downgraded shares of Convergys Corporation (NYSE: CVG) from a Hold rating to Sell with a price target of $11. The analysts noted that shares are up 16% since Convergys Corporation announced its CEO change on February 10, so it was time to take...