CIBC Maintains Outperformer on Crescent Point Energy, Lowers Price Target to $14.75
Portfolio Pulse from Benzinga Newsdesk
CIBC analyst Jamie Kubik has maintained an 'Outperformer' rating on Crescent Point Energy (NYSE:CPG) but lowered the price target from C$15 to C$14.75.

August 28, 2023 | 4:40 pm
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NEUTRAL IMPACT
CIBC analyst has maintained an 'Outperformer' rating on Crescent Point Energy but lowered the price target, which could potentially impact the stock's performance.
The 'Outperformer' rating suggests that CIBC expects Crescent Point Energy to outperform the market. However, the lowering of the price target might indicate a slightly less optimistic outlook than before, which could potentially impact the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100