Middle East tensions could fuel stagflation – BofA
The tensions in the Middle East could result in stagflationary stocks, analysts at Bank of America Securities said in a note Friday.
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The tensions in the Middle East could result in stagflationary stocks, analysts at Bank of America Securities said in a note Friday.
Bank of America Securities upgraded shares of Cisco Systems (NASDAQ:CSCO) to Buy from Neutral in a note Monday, raising the stock price target to $60 from $55 per share.
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