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Bank of America Downgrades BP to Underperform Rating, Cuts PT

MT Newswires·12/08/2025 07:55:12
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07:55 AM EST, 12/08/2025 (MT Newswires) -- Bank of America on Monday lowered the rating on British oil major BP (BP.L) to underperform from neutral and reduced its price target to 3.75 pounds sterling from 4.40 pounds. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)