BP Medium-Term Price Target Is 535 Pence, CCLA Says

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May 1 (Bloomberg) -- James Bevan, chief investment officer at CCLA Investment Management Ltd., talks about BP Plc's first-quarter profit reported today. Europe's second-biggest oil company said net income fell to $5.9 billion from $7.3 billion in the first quarter of 2011. Bevan speaks with Caroline Hyde on Bloomberg Television's "The Pulse." (Source: Bloomberg)