YPF Upgraded to Buy as Argentina’s Risk Profile an…
From Financial Modeling Prep: 2024-12-09 08:53:00
BofA Securities upgraded YPF S.A. (NYSE:YPF) to Buy from Neutral, with a new price target of $55, signaling a 40% upside potential. Shares rose over 2% pre-market. Argentina’s country risk dropped to 750 basis points, boosting YPF’s stock by 125% this year. YPF’s strategic moves, like asset divestment and LNG project progress, are driving growth.
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