Citigroup Upgrades YPF to Buy, Announces $20 Price Target
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Andres Cardona has upgraded YPF (NYSE:YPF) from Neutral to Buy and set a price target of $20.
January 25, 2024 | 2:14 pm
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Citigroup upgraded YPF from Neutral to Buy and set a price target of $20, indicating a positive outlook on the stock.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they suggest a bullish view on the stock's future performance. The new price target of $20 by Citigroup represents a significant potential upside from the current trading price, which may attract investors and drive up the stock price in the short term.
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