Extremely important positive changes in investment behavior have recently occurred for BOK Financial Corp (NASDAQ: BOKF): positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.
BOK Financial Corp (NASDAQ: BOKF). Meaningful positive changes in fundamentals have recently occurred: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, BOKF is expected to continue to be a Value Builder.
BOK Financial has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. BOK Financial has a good Appreciation Score of 80 but a slightly negative Power Rating of 40, triggering the High Neutral Value Trend Rating.
Recent Price Action
BOK Financial Corp (NASDAQ: BOKF) stock declined by -2.6% on 1/3/24. The shares closed at $83.73. Trading volume in this decline was normal. The stock has performed in line with the market over the last nine months and has declined -2.1% during the last week.
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