JP Morgan Maintains Neutral on Banco De Chile, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Domingos Falavina maintains a Neutral rating on Banco De Chile (NYSE:BCH) and raises the price target from $20 to $21.
April 16, 2024 | 1:29 pm
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POSITIVE IMPACT
JP Morgan has maintained a Neutral rating on Banco De Chile and increased the price target from $20 to $21.
The increase in the price target by JP Morgan suggests a positive outlook on the stock's value, potentially leading to short-term investor optimism. However, the Neutral rating indicates that the stock might not outperform the market significantly in the near term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100