Banco Macro shares are trading higher after B of A Securities upgraded the stock from Underperform to Neutral and raised its price target from $53 to $62.
Portfolio Pulse from Benzinga Newsdesk
Banco Macro shares are trading higher after B of A Securities upgraded the stock from Underperform to Neutral and raised its price target from $53 to $62.
August 08, 2024 | 2:35 pm
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Banco Macro shares are trading higher following an upgrade from B of A Securities, which moved the stock from Underperform to Neutral and increased the price target from $53 to $62.
The upgrade from B of A Securities and the increased price target are positive signals for investors, likely leading to a short-term increase in Banco Macro's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100