RBC Capital Reiterates Outperform on Callon Petroleum, Maintains $50 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Hanold has reiterated an Outperform rating on Callon Petroleum (NYSE:CPE) and maintained a $50 price target.
October 04, 2023 | 1:52 pm
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POSITIVE IMPACT
RBC Capital's reiteration of an Outperform rating and $50 price target on Callon Petroleum could potentially boost investor confidence.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. RBC Capital's reiteration of an Outperform rating and $50 price target on Callon Petroleum indicates their positive outlook on the company, which could potentially boost investor confidence and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100