Morgan Stanley Upgrades YPF to Equal-Weight, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Fernando D Sedano upgraded YPF (NYSE:YPF) from Underweight to Equal-Weight and increased the price target from $10.5 to $22.
March 21, 2024 | 12:17 pm
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POSITIVE IMPACT
Morgan Stanley upgraded YPF from Underweight to Equal-Weight and raised the price target from $10.5 to $22.
The upgrade by Morgan Stanley from Underweight to Equal-Weight, along with a significant increase in the price target from $10.5 to $22, suggests a positive reassessment of YPF's valuation and future prospects. This could lead to increased investor confidence and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100