Jefferies Initiates Coverage On Civitas Resources with Buy Rating, Announces Price Target of $87
Portfolio Pulse from richadhand@benzinga.com
Jefferies analyst Lloyd Byrne has initiated coverage on Civitas Resources (NYSE:CIVI) with a Buy rating and a price target of $87.
August 24, 2023 | 8:20 am
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Jefferies has initiated coverage on Civitas Resources with a Buy rating and a price target of $87, which could positively impact the stock's performance.
The initiation of coverage by Jefferies with a Buy rating indicates a positive outlook for Civitas Resources. The price target of $87 suggests a potential upside, which could attract investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100