Citigroup Maintains Neutral on Callon Petroleum, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Diamond has maintained a Neutral rating on Callon Petroleum (NYSE:CPE) and raised the price target from $36 to $40.
August 09, 2023 | 4:45 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Callon Petroleum and raised the price target from $36 to $40.
The news is directly related to Callon Petroleum (CPE). The raised price target indicates a positive outlook, but the maintained Neutral rating suggests that the stock is not expected to outperform the market in the short term. Therefore, the short term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100