Truist Securities Maintains Sell on HighPeak Energy, Raises Price Target to $10-Report released on 8th Nov 2023
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann maintains a 'Sell' rating on HighPeak Energy (NASDAQ:HPK) and raises the price target from $6 to $10.
November 09, 2023 | 10:26 pm
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Truist Securities maintains a 'Sell' rating on HighPeak Energy, but raises the price target from $6 to $10.
The 'Sell' rating maintained by Truist Securities indicates a negative outlook for HighPeak Energy. However, the increase in price target from $6 to $10 suggests that the analyst sees some potential upside. This mixed signal could create uncertainty among investors, potentially leading to short-term volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100