TD Securities Downgrades Crescent Point Energy to Buy, Announces $13.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
TD Securities analyst Aaron Bilkoski has downgraded Crescent Point Energy (NYSE:CPG) from Action List Buy to Buy and set a price target of $13.5.
September 12, 2023 | 3:53 pm
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NEUTRAL IMPACT
Crescent Point Energy has been downgraded by TD Securities from Action List Buy to Buy, with a new price target of $13.5.
The downgrade from Action List Buy to Buy indicates a slightly less bullish stance from TD Securities on Crescent Point Energy. However, the announcement of a $13.5 price target suggests that the analyst still sees potential upside in the stock. This could have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100