Raymond James Maintains Outperform on BP, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Justin Jenkins has maintained an Outperform rating on BP (NYSE:BP) and increased the price target from $42 to $45.
April 15, 2024 | 5:16 pm
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Raymond James has reaffirmed its Outperform rating on BP and raised the price target from $42 to $45.
The increase in price target by a reputable analyst firm like Raymond James typically signals a positive outlook on the stock, suggesting potential upside. This could lead to increased investor confidence and a short-term positive impact on BP's stock price.
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