Origin Materials shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $1.35 to $3.
Portfolio Pulse from Benzinga Newsdesk
Origin Materials shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $1.35 to $3.
August 16, 2024 | 6:40 pm
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POSITIVE IMPACT
B of A Securities upgraded Origin Materials from Neutral to Buy and increased the price target from $1.35 to $3, leading to a rise in the stock price.
The upgrade from a major financial institution like B of A Securities and the significant increase in the price target are strong positive signals for investors, likely leading to increased buying activity and a rise in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100