BofA Warns BP Stock Faces Downside Risk Despite $6 Billion Castrol Sale
Bank of America, widely known in financial markets as BofA, has issued a cautious warning on BP’s outlook even after the energy giant secured approximately $6 billion from the sale of a majority stake in its Castrol lubricants business. Recent analyst commentary suggests that investors should remain careful, as the company’s stock may still face downside pressure in the stock market.
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