Scotiabank Maintains Sector Outperform on BP, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Paul Cheng maintains a Sector Outperform rating on BP (NYSE:BP) and raises the price target from $45 to $47.
April 11, 2024 | 3:52 pm
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POSITIVE IMPACT
Scotiabank has maintained its Sector Outperform rating on BP and increased the price target from $45 to $47.
The upgrade in price target by Scotiabank reflects a positive outlook on BP's stock, suggesting confidence in the company's future performance. This could lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100