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Fly News Breaks for August 20, 2019
BP
Aug 20, 2019 | 16:25 EDT
As previously reported, BMO Capital analyst Daniel Boyd initiated BP with an Outperform and $53 price target. The analyst believes the company's multi-year transformation is "on the cusp of paying dividends," calling the business "leaner, lower risk," and noting that it generates competitive return on capital employed after years of lagging. Boyd also noted that BP is not reliant on any one megaproject, and has one of the most diverse pipelines of new projects.
News For BP From the Last 2 Days
