Expert Ratings for Callon Petroleum
Portfolio Pulse from Benzinga Insights
Callon Petroleum (NYSE:CPE) has received mixed analyst ratings in the last quarter, with an average 12-month price target of $48.75, a slight decrease from the previous target of $50.00. The ratings include 1 bullish, 2 somewhat bullish, and 1 indifferent, with no bearish or somewhat bearish ratings. Analysts' opinions are based on various data sources and provide guidance to investors, though they are subjective in nature.
November 29, 2023 | 4:00 pm
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NEUTRAL IMPACT
Callon Petroleum has a new average analyst price target of $48.75, reflecting a 2.5% decrease from the previous target. Ratings are mixed but lean towards bullish with no bearish sentiments.
The mixed analyst ratings with a slight decrease in the price target may not significantly impact the stock price in the short term. The absence of bearish ratings suggests a neutral to slightly positive outlook among analysts, which could maintain investor confidence. However, the reduction in the price target might temper expectations slightly.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100