B of A Securities Upgrades Unilever to Buy, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has upgraded Unilever (NYSE:UL) from Underperform to Buy, raising the price target from $47 to $72.

August 22, 2024 | 9:18 am
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POSITIVE IMPACT
B of A Securities has upgraded Unilever from Underperform to Buy, significantly raising the price target from $47 to $72, indicating a positive outlook on the stock.
The upgrade from Underperform to Buy by a major financial institution like B of A Securities is a strong positive signal for investors. The significant increase in the price target from $47 to $72 suggests a bullish outlook on Unilever's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100