Greif shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $76 to $77.
Portfolio Pulse from Benzinga Newsdesk
Greif shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $76 to $77.
June 17, 2024 | 11:46 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
B of A Securities upgraded Greif from Neutral to Buy and increased its price target from $76 to $77, leading to a rise in the stock price.
The upgrade from Neutral to Buy by a major financial institution like B of A Securities is a strong positive signal for investors. The raised price target also indicates increased confidence in the company's future performance, likely driving the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100