Truist Securities Maintains Buy on Callon Petroleum, Lowers Price Target to $48
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Neal Dingmann has maintained a 'Buy' rating on Callon Petroleum (NYSE:CPE) but lowered the price target from $51 to $48.
August 07, 2023 | 2:25 pm
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Truist Securities has maintained a 'Buy' rating on Callon Petroleum but lowered the price target from $51 to $48.
The news is directly related to Callon Petroleum (CPE). While the 'Buy' rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact on the stock price is uncertain as the 'Buy' rating is still in place.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100