BNP Paribas Stock: Strong Revenue Growth is Driving the Rally; Analysts Lift Targets
BNP Paribas (BNP) stock price is extending the upside momentum after beating fourth-quarter estimates. The bank’s strategy of expanding its foot-prints in European markets is among the biggest contributor to revenue growth in analysts’ view. The market pundits are also showing confidence in its operational efficiencies and cost cuttings. “The beat on capital and earnings…