Stephens & Co. Reiterates Overweight on Earthstone Energy, Maintains $21 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Mike Scialla has reiterated an Overweight rating on Earthstone Energy (NYSE:ESTE) and maintained a $21 price target.
July 19, 2023 | 2:33 pm
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Earthstone Energy's stock rating has been reiterated as Overweight by Stephens & Co. with a maintained price target of $21.
The reiteration of an Overweight rating by Stephens & Co. indicates their positive outlook on Earthstone Energy. The maintained price target of $21 also suggests that they believe the stock is undervalued. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100