JP Morgan Maintains Neutral on Credicorp, Lowers Price Target to $162
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Domingos Falavina maintains a Neutral rating on Credicorp (NYSE:BAP) and reduces the price target from $175 to $162.
November 13, 2023 | 3:51 pm
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NEGATIVE IMPACT
JP Morgan analyst maintains a Neutral rating on Credicorp and lowers the price target from $175 to $162.
The reduction in price target by a major analyst like JP Morgan could lead to a negative perception among investors, potentially causing a short-term decline in the stock price of Credicorp.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100