Goldman Sachs Upgrades YPF to Neutral, Raises Price Target to $17.1
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Bruno Amorim has upgraded YPF (NYSE:YPF) from Sell to Neutral and increased the price target from $8.5 to $17.1.

November 27, 2023 | 9:46 am
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POSITIVE IMPACT
YPF's stock rating has been upgraded by Goldman Sachs from Sell to Neutral, with the price target raised significantly from $8.5 to $17.1.
An upgrade from Sell to Neutral by a major financial institution like Goldman Sachs typically indicates a positive change in the company's outlook, which can lead to increased investor confidence and a potential rise in the stock price. The substantial increase in the price target further underscores a more optimistic view of YPF's valuation, which may attract more investors and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100