What 9 Analyst Ratings Have To Say About Callon Petroleum
Portfolio Pulse from Benzinga Insights
Over the last quarter, Callon Petroleum (NYSE:CPE) has received 4 bullish, 2 somewhat bullish, and 3 indifferent analyst ratings. The company's average 12-month price target is $48.44, an increase of 2.52% from the previous average of $47.25. No bearish ratings were observed.
September 18, 2023 | 4:00 pm
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POSITIVE IMPACT
Callon Petroleum has received a majority of positive analyst ratings over the last quarter, with an increased 12-month price target. This could potentially boost investor confidence and positively impact the stock price in the short term.
Analyst ratings are a significant factor that investors consider when making investment decisions. The majority of positive ratings and an increased price target for Callon Petroleum indicate a positive outlook for the company, which could lead to increased investor interest and a potential rise in the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100