Argus Upgrades BP (BP) to Buy
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Price: $39.33 -1.13%
Rating Summary:
22 Buy, 13 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 14 | New: 26
Rating Summary:
22 Buy, 13 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 14 | New: 26
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Argus upgraded BP (NYSE: BP) from Hold to Buy with a price target of $42.00.
The firm said they expect the company to benefit from the recently announced $18.7B oil spill settlement, which eliminates a worst-case scenario.
For an analyst ratings summary and ratings history on BP click here. For more ratings news on BP click here.
Shares of BP closed at $37.39 yesterday.
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