The Zhitong Finance App learned that Bank of America Securities released a research report saying that the third-quarter results of CNPC (00857, 601857.SH) were in line with expectations. The bank raised its 2026 profit forecast and target price, reaffirmed the “buy” rating, and raised the target price for H shares from HK$11.5 to HK$12, and the target price for A-shares increased accordingly from RMB 13 to RMB 15.

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