BofA raised the firm’s price target on Intercorp Financial (IFS) to $43 from $40 and keeps a Buy rating on the shares after Q1 results exceeded expectations and the insurance unit “took the spotlight.” After a “strong” Q1 earnings beat, the firm believes the earnings recovery is on track, the analyst tells investors.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IFS:
- Intercorp Financial Services: Strong Q1 2025 Performance and Growth Potential Justify Buy Rating
- Intercorp Financial Services Reports Strong Q1 2025 Earnings Despite Challenges
- Intercorp Financial Services Approves 2024 Annual Report
- Intercorp Financial Services Appoints New Audit Committee Member
- Intercorp Financial Services (IFS) Announces Q2 Dividend: Save the Dates!