B of A Securities Reinstates Underperform on PBF Energy, Announces $25 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has reinstated an 'Underperform' rating on PBF Energy with a price target of $25.
October 17, 2024 | 4:06 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
B of A Securities has reinstated an 'Underperform' rating on PBF Energy, setting a price target of $25, which suggests a bearish outlook.
The 'Underperform' rating and the $25 price target from B of A Securities suggest a negative outlook for PBF Energy's stock. This could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100