Mizuho Maintains Buy on Callon Petroleum, Raises Price Target to $59
Portfolio Pulse from richadhand@benzinga.com
Mizuho analyst Nitin Kumar maintains a 'Buy' rating on Callon Petroleum (NYSE:CPE) and raises the price target from $54 to $59.
June 30, 2023 | 12:39 pm
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POSITIVE IMPACT
Mizuho maintains a 'Buy' rating on Callon Petroleum and raises the price target from $54 to $59, which could lead to a positive market reaction.
The raised price target by Mizuho indicates a positive outlook for Callon Petroleum. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100