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Jefferies downgrades BP to 'hold', slashes price target

By Michele Maatouk

Date: Monday 19 May 2025

(Sharecast News) - Jefferies downgraded BP on Monday to 'hold' from 'buy' and slashed the price target to 390p from 550p.
"As we lower our oil price outlook for 25/'26, we see BP's strategy facing increasing execution risk: the company may soon have to face the hard choice between delivering on...

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