B of A Securities Upgrades Greif to Buy, Raises Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has upgraded Greif (NYSE:GEF) from Neutral to Buy and raised the price target from $76 to $77, as per analyst George Staphos.
June 17, 2024 | 10:21 am
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B of A Securities has upgraded Greif from Neutral to Buy and increased the price target from $76 to $77. This upgrade by analyst George Staphos suggests a positive outlook for the company's stock.
The upgrade from Neutral to Buy and the slight increase in the price target indicate a positive sentiment from B of A Securities towards Greif. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100