Bank of America Downgrades BHP Group Limited (BHP) Amid Valuation Concerns

On May 22, Bank of America downgraded BHP Group Limited from Buy to Neutral while maintaining a price target of A$69. The downgrade was attributed to concerns over valuation and slowing demand in China alongside macroeconomic risks linked to the Middle East conflict.

By Fatima Gulzar Fri, May 29, 2026 at 11:43 AM GMT+3 2 min read · Yahoo Finance · May 29, 2026, 08:43 UTC

Bank of America Downgrades BHP Group Limited (BHP) Amid Valuation Concerns

Tickers: $AAL $BHP

Topics: Bank of America BHP Group Mining Sector

Read the full article at Yahoo Finance

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