BP Reaches Analyst Target Price

by Trading & Investing | 02/14/2022, 05:51

In recent trading, shares of BP PLC (Symbol: BP) have crossed above the average analyst 12-month target price of $33.08, changing hands for $33.23/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or,

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