Wednesday, September 15, 2010

ING Group Upgrades Total S.A. (NYSE:TOT)

ING Group upgraded Total S.A. (NYSE:TOT) from "Hold" to "Buy," citing improved volume growth and committed spending to that end.

"We see renewed interest in Total's improved (and increasingly credible) volume-growth offering near term, supported by a robust spending commitment," said ING.

The global integrated oil and gas company closed Tuesday's session at $51.09, up $0.53, or 1.05 percent.

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