JPMorgan Chase Boosts YPF Price Target to $66.00 Amid Rising Earnings

Analysts at JPMorgan Chase & Co. have raised their price target for YPF Sociedad Anónima (NYSE:YPF) to $66.00, indicating a potential upside of 26.23% from its current price.

The brokerage currently has an 'overweight' rating on the oil and gas exploration company's stock. Other research firms have also commented on YPF, with HSBC upgrading it from a 'hold' rating to a 'buy' rating and setting a $60.00 price target.

YPF Sociedad Anónima reported quarterly earnings of $3.07 per share, beating the consensus estimate of $2.26. The company has a market cap of $20.56 billion and a 52-week high of $57.49.