Citigroup Maintains Neutral Rating for YPF: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Citigroup has maintained a Neutral rating for YPF SA (NYSE:YPF) and increased its price target from $16.00 to $20.00. YPF's shares have risen 6.0% in the last 24 hours to $17.85. The new price target suggests a potential 12.04% upside. YPF is an integrated oil and gas company in Argentina, with operations spanning the upstream, downstream, and gas and power segments, generating most revenue from the downstream segment.
November 27, 2023 | 5:00 pm
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Citigroup maintains a Neutral rating on YPF SA but raises the price target from $16.00 to $20.00, indicating a potential 12.04% upside from the current price.
The increase in the price target by Citigroup reflects a positive outlook on YPF's stock, which could lead to increased investor interest and a potential short-term rise in the stock price. The recent 6% increase in share price also supports the positive sentiment.
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IMPORTANCE 75
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