RBC Capital Reiterates Outperform on Callon Petroleum, Maintains $50 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Scott Hanold has reiterated an Outperform rating on Callon Petroleum (NYSE:CPE) and maintained a $50 price target.

August 09, 2023 | 2:52 pm
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RBC Capital has reiterated an Outperform rating on Callon Petroleum and maintained a $50 price target, which could positively influence the stock's performance.
Analyst ratings and price targets can significantly influence investor sentiment and stock performance. The reiteration of an Outperform rating and a high price target by RBC Capital indicates strong confidence in Callon Petroleum's potential, which could drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100