Movement Alert｜BP Falls 3.05% in Pre-Market Trading, Bank of America Cuts Target Price to $35

Market Focus06-24

On June 24, BP fell 3.05% in pre-market trading, trading at $38.08/share, with turnover of approximately $17.51 million. The stock pulled back from its previous close of $39.10.

On the news front, Bank of America lowered its target price on BP from $37 to $35, while simultaneously cutting Shell's target from $95 to $89. The downgrade triggered broad selling pressure across integrated oil and gas names in pre-market trading, with the sector seeing collective declines.

Within the Integrated Oil & Gas sector, the overall tone was uniformly negative. Among individual stocks, Exxon Mobil down 1.95%, Chevron down 1.23%, Occidental down 2.28%, Shell down 2.11%, and Suncor down 1.15%. BP's decline of 3.05% outpaced sector peers, likely reflecting direct impact from the analyst downgrade. BP currently trades at a trailing P/E of approximately 32x and offers a dividend yield of around 5.09%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1198096781?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-24 21:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1198096781","market":"us","top_or_hot":-1,"title":"Movement Alert｜BP Falls 3.05% in Pre-Market Trading, Bank of America Cuts Target Price to $35","media":"Market Focus","content":"<p><p>On June 24, BP fell 3.05% in pre-market trading, trading at $38.08/share, with turnover of approximately $17.51 million. The stock pulled back from its previous close of $39.10.</p><p>On the news front, Bank of America lowered its target price on BP from $37 to $35, while simultaneously cutting Shell's target from $95 to $89. The downgrade triggered broad selling pressure across integrated oil and gas names in pre-market trading, with the sector seeing collective declines.</p><p>Within the Integrated Oil & Gas sector, the overall tone was uniformly negative. Among individual stocks, Exxon Mobil down 1.95%, Chevron down 1.23%, Occidental down 2.28%, Shell down 2.11%, and Suncor down 1.15%. BP's decline of 3.05% outpaced sector peers, likely reflecting direct impact from the analyst downgrade. BP currently trades at a trailing P/E of approximately 32x and offers a dividend yield of around 5.09%.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜BP Falls 3.05% in Pre-Market Trading, Bank of America Cuts Target Price to $35</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜BP Falls 3.05% in Pre-Market Trading, Bank of America Cuts Target Price to $35\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-06-24 21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On June 24, BP fell 3.05% in pre-market trading, trading at $38.08/share, with turnover of approximately $17.51 million. The stock pulled back from its previous close of $39.10.</p><p>On the news front, Bank of America lowered its target price on BP from $37 to $35, while simultaneously cutting Shell's target from $95 to $89. The downgrade triggered broad selling pressure across integrated oil and gas names in pre-market trading, with the sector seeing collective declines.</p><p>Within the Integrated Oil & Gas sector, the overall tone was uniformly negative. Among individual stocks, Exxon Mobil down 1.95%, Chevron down 1.23%, Occidental down 2.28%, Shell down 2.11%, and Suncor down 1.15%. BP's decline of 3.05% outpaced sector peers, likely reflecting direct impact from the analyst downgrade. BP currently trades at a trailing P/E of approximately 32x and offers a dividend yield of around 5.09%.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BP","symbol_name":"英国石油","start_time":0,"source_url":"","article_id":"1198096781","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1198096781","pubTimestamp":1782307833,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On June 24, BP fell 3.05% in pre-market trading, trading at $38.08/share, with turnover of approximately $17.51 million. The stock pulled back from its previous close of $39.10.On the news front,...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BP":"英国石油"},"translate_title":"动向预警|BP盘前跌3.05%美银下调目标价至35美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BP":1},"content_text":"On June 24, BP fell 3.05% in pre-market trading, trading at $38.08/share, with turnover of approximately $17.51 million. The stock pulled back from its previous close of $39.10.On the news front, Bank of America lowered its target price on BP from $37 to $35, while simultaneously cutting Shell's target from $95 to $89. The downgrade triggered broad selling pressure across integrated oil and gas names in pre-market trading, with the sector seeing collective declines.Within the Integrated Oil & Gas sector, the overall tone was uniformly negative. Among individual stocks, Exxon Mobil down 1.95%, Chevron down 1.23%, Occidental down 2.28%, Shell down 2.11%, and Suncor down 1.15%. BP's decline of 3.05% outpaced sector peers, likely reflecting direct impact from the analyst downgrade. BP currently trades at a trailing P/E of approximately 32x and offers a dividend yield of around 5.09%.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1198096781","isCrawlerRequest":true}