Shares of BP PLC have been boosted after analysts Deutsche Bank and JP Morgan raised their price targets on the oil giant following the release of its first-quarter results on April 27.Deutsche Bank upped its price target on the stock to 500 pence from 480 and raised its full-year profits estimate by 4% to USUS12.4 billion after BP's "clean" pretax earnings exceeded its forecasts by 6%.(US US1=5 5 pence).
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