BOK Financial Corp (NASDAQ: BOKF) has benefited from notable positive changes in fundamentals: significant quarterly sales acceleration occurred, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Recent notable positive changes in investment behavior have benefitted BOK Financial Corp (NASDAQ: BOKF): its shorter term price trend turned up.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, BOKF is expected to continue to be a Value Builder.
BOK Financial has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. BOK Financial has a neutral Power Rating of 52 but a very high Appreciation Score of 86, triggering the Positive Value Trend Rating.
Recent Price Action
On 3/5/24, BOK Financial Corp (NASDAQ: BOKF) stock enjoyed a large increase of 4.3%, closing at $88.82. This advance was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has risen 7.0% during the last week.
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