JP Morgan Upgrades Grupo Financiero Galicia to Overweight, Announces $54 Price Target
Portfolio Pulse from Benzinga Newsdesk
JP Morgan has upgraded Grupo Financiero Galicia (NASDAQ:GGAL) from Underweight to Overweight, setting a price target of $54.
August 30, 2024 | 12:58 pm
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JP Morgan has upgraded Grupo Financiero Galicia from Underweight to Overweight, with a new price target of $54, indicating a positive outlook.
The upgrade from Underweight to Overweight by a major financial institution like JP Morgan suggests increased confidence in GGAL's performance. The $54 price target indicates potential upside, likely leading to positive investor sentiment and a short-term price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100