BP (BP) Shares Higher as BofA Upgrades to Buy

May 19, 2011 9:13 AM EDT
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Price: $42.53 +0.52%

Rating Summary:
    22 Buy, 14 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Shares of BP (NYSE: BP) are up more than 1.6 percent in pre-market trade Thursday following an earlier upgrade from an analyst at BofA Merrill.

The firm now rates the oil giant a Buy, up from Neutral previously. BofA expects shares to rise by about 31 percent over the next year.

For more ratings news on BP click here and for the rating history of BP click here.


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