Itau BBA Upgrades Banco De Chile to Outperform, Announces $24 Price Target
Portfolio Pulse from Benzinga Newsdesk
Itau BBA analyst Jorge Araya upgrades Banco De Chile (NYSE:BCH) from Market Perform to Outperform and announces a $24 price target.

June 02, 2023 | 9:18 am
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Banco De Chile (NYSE:BCH) has been upgraded from Market Perform to Outperform by Itau BBA analyst Jorge Araya, with a $24 price target.
The upgrade from Market Perform to Outperform by Itau BBA analyst Jorge Araya indicates a positive outlook for Banco De Chile's stock. The announcement of a $24 price target suggests potential upside for the stock, which may lead to short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100