Roth MKM Maintains Buy on HighPeak Energy, Lowers Price Target to $34.2
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst John White has maintained a 'Buy' rating on HighPeak Energy (NASDAQ:HPK), but lowered the price target from $36.5 to $34.2.
September 19, 2023 | 1:18 pm
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NEUTRAL IMPACT
HighPeak Energy's price target has been lowered from $36.5 to $34.2 by Roth MKM, though the 'Buy' rating is maintained.
While the lowering of the price target might initially seem negative, the maintained 'Buy' rating indicates that the analyst still sees potential in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100