Raymond James Maintains Outperform on Crestwood Equity Partners, Lowers Price Target to $30
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Justin Jenkins has maintained an 'Outperform' rating on Crestwood Equity Partners (NYSE:CEQP) but lowered the price target from $32 to $30.
August 04, 2023 | 11:02 am
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Crestwood Equity Partners' price target has been lowered from $32 to $30 by Raymond James, though the 'Outperform' rating is maintained.
The lowering of the price target by Raymond James could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment.
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IMPORTANCE 80
RELEVANCE 100