Truist Securities Maintains Buy on Riley Exploration Permian, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann has maintained a 'Buy' rating on Riley Exploration Permian (REPX) but lowered the price target from $52 to $50.
November 09, 2023 | 9:44 pm
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Truist Securities has maintained a 'Buy' rating on REPX but lowered the price target from $52 to $50.
The news is directly about REPX and is important as it comes from a reputable analyst. The 'Buy' rating is maintained which is positive, but the price target is lowered which might have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100