SQL could use some real string manipulation

In order to remove the first "-" from a string, this is the query I just had to run:

update tbFoo set BBG_ticker = substring(BBG_ticker, 1, charindex('-', BBG_ticker) - 1) + ' ' + substring(BBG_ticker, charindex('-', BBG_ticker)+1, LEN(BBG_ticker) - charindex('-', BBG_ticker))

Does that seem like overkill to anyone else? Let's compare it to Python...

BBG_ticker.replace("-"," ",1)