Scotiabank Maintains Sector Outperform on BP, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Paul Cheng maintains a Sector Outperform rating on BP (NYSE:BP) and raises the price target from $41 to $45.
February 07, 2024 | 6:53 pm
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Scotiabank analyst Paul Cheng maintains a Sector Outperform rating on BP and raises the price target from $41 to $45.
The upgrade in the price target by Scotiabank reflects a positive outlook on BP's stock, likely due to anticipated performance improvements or favorable market conditions. This analyst endorsement can positively influence investor sentiment and potentially lead to a short-term increase in BP's stock price.
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