Morgan Stanley Maintains Equal-Weight on Callon Petroleum, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Devin Ryan has maintained an Equal-Weight rating on Callon Petroleum (NYSE:CPE) and lowered the price target from $43 to $40.
July 18, 2023 | 1:45 pm
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Morgan Stanley has maintained an Equal-Weight rating on Callon Petroleum and lowered the price target from $43 to $40.
The news directly pertains to Callon Petroleum as Morgan Stanley has maintained an Equal-Weight rating on the company and lowered the price target. This could potentially impact investor sentiment and the stock's short-term performance. However, the impact is neutral as the rating has been maintained and only the price target has been lowered.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100