B of A Securities Reinstates Neutral on Central Puerto, Announces $8 Price Target
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Frank McGann has reinstated Central Puerto (NYSE:CEPU) with a Neutral rating and announced a price target of $8.
August 04, 2023 | 11:13 am
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NEUTRAL IMPACT
Central Puerto's stock has been reinstated with a Neutral rating by B of A Securities, with a price target of $8.
The reinstatement of the Neutral rating by B of A Securities indicates that the firm sees the stock as fairly valued at current levels. The price target of $8 provides a reference point for investors, but does not necessarily suggest a strong upside or downside. Therefore, the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100