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Stock impact report

Raymond James Lifts PT on BP p.l.c. (BP) to $40 From $38, Keeps an Outperform Rating [Yahoo! Finance]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
BP p.l.c. (NYSE: BP ) is one of the best undervalued stocks to buy under $50 . On November 4, Raymond James lifted the price target on BP p.l.c. (NYSE:BP) to $40 from $38 while keeping an Outperform rating on the shares. The firm told investors that BP p.l.c. (NYSE:BP) is traversing the right direction with its strategy reset from earlier in the year. However, some investors are pushing for a faster timeline. Why BP PLC (BP) Soared on Monday Raymond James further stated that while BP p.l.c. (NYSE:BP) is trading at a material discount, several factors support a favorable risk-reward in the shares, including the company's new strategy, efforts to divest non-core assets, and to re-prioritise value in the portfolio. Murray Auchincloss, BP p.l.c. (NYSE:BP) Chief Executive Officer, stated on the same day that six of its major oil and gas projects planned for 2025 are online, with four running ahead of schedule. The company sanctioned its seventh operated production hub in the Gulf of Show less Read more
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