JP Morgan Maintains Neutral on Pampa Energia, Raises Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Rodolfo Angele maintains a Neutral rating on Pampa Energia (NYSE:PAM) but raises the price target from $55 to $59.
October 30, 2024 | 3:56 pm
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JP Morgan has maintained a Neutral rating on Pampa Energia but increased the price target from $55 to $59, indicating a positive outlook.
The increase in price target from $55 to $59 by JP Morgan suggests a positive outlook for Pampa Energia, which could lead to a short-term price increase. However, the Neutral rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100