JP Morgan Maintains Neutral on YPF, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Rodolfo Angele maintains a Neutral rating on YPF while raising the price target from $20.5 to $24.
September 25, 2024 | 3:13 pm
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JP Morgan has maintained a Neutral rating on YPF but increased the price target from $20.5 to $24, indicating a positive outlook on the stock's potential value.
The increase in the price target from $20.5 to $24 suggests that JP Morgan sees potential for YPF's stock to appreciate, which is a positive signal for investors. However, the Neutral rating indicates that the stock may not outperform the market, leading to a balanced view.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100