Milei Seeks Second Chance From Congress With Scaled-Back Reform [BNN Bloomberg (Canada)]
YPF Sociedad Anonima (YPF)
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Source: BNN Bloomberg
The draft floated late Tuesday splits Milei's plan in parts before he resubmits it to Congress as early as next week. Since Milei's original bill was torn apart by the lower house in February, his team has met with congressional members and provincial governors dozens of times to pin down a final text. The drawn-out revision process illustrates Milei's willingness to listen to lawmakers' input, a pivot from his previous attempts to ram hundreds of reforms through without prior consensus. “Today we find ourselves confronted with a second chance. We are confident we are at another level of maturity,” Manuel Adorni, Milei's spokesman, told reporters Wednesday morning in Buenos Aires. Milei will expand the tax bracket to include more earners in one fiscal reform bill, complemented by a watered-down omnibus bill with 279 articles — less than half the original version — to privatize or partially privatize over a dozen public companies, notably excluding oil giant YPF SA. The bill,
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YPF
News
- YPF Sociedad Anonima (YPF) Recently Broke Out Above the 20-Day Moving Average [Yahoo! Finance]Yahoo! Finance
- YPF SA reportsGlobeNewswire
- YPF Sociedad Anónima (NYSE: YPF) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $17.40 to $20.00. They now have a "neutral" rating on the stock.MarketBeat
- YPF Sociedad Anónima (NYSE: YPF) was downgraded by analysts at Citigroup Inc. from a "buy" rating to a "neutral" rating. They now have a $24.00 price target on the stock.MarketBeat
- YPF Sociedad Anónima (NYSE: YPF) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
YPF
Earnings
- 11/10/23 - Miss
YPF
Sec Filings
- 4/29/24 - Form 6-K
- 4/29/24 - Form 6-K
- 4/29/24 - Form 6-K
- YPF's page on the SEC website