Wells Fargo Maintains Equal-Weight on BP, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read maintains an Equal-Weight rating on BP (NYSE:BP) and raises the price target from $38 to $42.
April 11, 2024 | 2:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo maintains an Equal-Weight rating on BP and increases the price target from $38 to $42.
The increase in price target by Wells Fargo suggests a positive outlook on BP's stock, potentially leading to increased investor confidence and a short-term rise in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100