Benchmark Maintains Buy on Talos Energy, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Subash Chandra has maintained a Buy rating on Talos Energy (NYSE:TALO) but has reduced the price target from $23 to $20.
November 13, 2023 | 2:18 pm
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Benchmark analyst Subash Chandra maintains a Buy rating on Talos Energy but lowers the price target from $23 to $20.
While the reduction in price target could suggest a more conservative outlook on the stock's future performance, the maintenance of a Buy rating indicates that the analyst still sees positive potential in Talos Energy. The mixed message may lead to a neutral short-term impact on the stock price as investors weigh the lower price target against the continued positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100