Mizuho Reiterates Neutral on Earthstone Energy, Maintains $22 Price Target
Portfolio Pulse from richadhand@benzinga.com
Mizuho analyst Nitin Kumar has reiterated a Neutral rating on Earthstone Energy (NYSE:ESTE) and maintained a $22 price target.

August 22, 2023 | 12:36 pm
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Mizuho analyst Nitin Kumar has reiterated a Neutral rating on Earthstone Energy and maintained a $22 price target.
The news directly pertains to Earthstone Energy as Mizuho analyst Nitin Kumar has reiterated a Neutral rating on the company and maintained a $22 price target. This suggests that the analyst sees the stock as fairly valued at its current price, which could influence investor sentiment and trading behavior. However, as this is a reiteration of a previous rating and price target, it may not have a significant impact on the stock's short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100