Multiple stocks receive analyst upgrades
Mizuho, Wells Fargo, Loop Capital, JPMorgan, Stifel, Goldman Sachs, BTIG and Barclays issued a series of rating changes across restaurants, utilities, banks, energy and healthcare names.
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JPMorgan upgrades BP to ‘overweight’
It noted that BP’s recent history has been chequered, with operational inconsistencies, strategic inconsistencies and a balance sheet poison pill.JPM said its ‘overweight’ these is centred on balance sheet repair, simplification, renewed long-term upstream growth optionality and a competitive valua…