EF Hutton Maintains Buy on US Energy, Lowers Price Target to $2.5
Portfolio Pulse from richadhand@benzinga.com
EF Hutton analyst Edward Reilly maintains a 'Buy' rating on US Energy (NASDAQ:USEG) but has lowered the price target from $3 to $2.5.
August 15, 2023 | 8:28 am
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NEUTRAL IMPACT
EF Hutton maintains a 'Buy' rating on US Energy but lowers the price target from $3 to $2.5.
The news is directly related to US Energy (USEG). While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential decrease in the short-term value of the stock. However, the impact is neutral as the 'Buy' rating suggests that the stock is still expected to perform well in the long run.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100