Wells Fargo Maintains Equal-Weight on BP, Lowers Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read maintains an Equal-Weight rating on BP (NYSE:BP) but lowers the price target from $41 to $39.
July 31, 2024 | 4:01 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Wells Fargo analyst Roger Read maintains an Equal-Weight rating on BP but lowers the price target from $41 to $39.
The lowered price target from $41 to $39 by Wells Fargo suggests a slightly less optimistic outlook for BP's stock performance. This could lead to a short-term negative impact on BP's stock price as investors may adjust their expectations accordingly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100