Extremely important positive changes in investment behavior have recently occurred for BOK Financial Corp (NASDAQ: BOKF): the stock rose on very heavy volume, and the stock’s recent price rise disrupted its longer term downtrend.
Significant positive changes in BOK Financial Corp (NASDAQ: BOKF) 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 A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
BOKF is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
BOK Financial has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. BOK Financial has a good Power Rating of 80 and a very high Appreciation Score of 86, triggering the Highest Value Trend Rating.
Recent Price Action
BOK Financial Corp (NASDAQ: BOKF) stock enjoyed a large increase of 2.4% on 6/28/24. The stock closed at $91.64. Moreover, trading volume in this advance was exceptionally high at 375% of normal. Relative to the market the stock has been strong over the last nine months and has risen 2.8% during the last week.
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