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BP (NYSE:BP) Maintains "Hold" Rating and Ventures into Biofuel with Corteva
Financial Modeling Prep· 2026-01-08 08:00
Jefferies maintains a "Hold" rating for BP (NYSE:BP) and raises the price target to 440 GBp.BP announces a joint venture with Corteva Inc., named Etlas, aiming to produce biofuel feedstocks.The stock has seen a decrease of 2.01%, with a current price of $33.67.BP (NYSE:BP) is a global energy company involved in oil and gas exploration, production, refining, and marketing. It competes with major players like ExxonMobil and Shell. On January 7, 2026, Jefferies maintained its "Hold" rating for BP, with the sto ...