BofA Reiterates a Buy Rating on YPF Sociedad Anonima (YPF)

YPF Sociedad Anónima (NYSE:YPF) is one of the most oversold energy stocks to buy right now. On July 1, Bank of America Securities analyst Leonardo Marcondes reiterated a Buy rating on YPF Sociedad Anónima (NYSE:YPF) and set a price target of $42.00.

On July 22, Moody’s Ratings upgraded YPF Sociedad Anónima’s (NYSE:YPF) senior unsecured and secured notes ratings to ‘B2’ from ‘Caa1’, reporting a stable outlook.

The upgrade includes the Corporate Family Rating and suggests optimism for YPF Sociedad Anónima’s (NYSE:YPF) financial stability, potentially boosting its attractiveness to investors and enhancing its reputation.

YPF Sociedad Anónima (NYSE:YPF) explores, produces, and distributes oil and gas. The company operates in the following segments: Upstream, Gas and Power, Downstream, Central Administration and Other.

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Disclosure: None. This article is originally published at Insider Monkey.