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JP Morgan Reiterates Overweight Rating on BP plc (BP); 'FCF Confluence of Upstream/Downtream Growth & Lowers Costs'

June 12, 2017 9:05 AM EDT

JPMorgan reiterates Overweight rating and 530p price target on BP plc (NYSE: BP), following a review of the company's cashflow levers.

Analyst Christyan Malek notes a positive outlook on the company following a deep dive into cashflow prospects, suggesting a confluence of... More