Mizuho Upgrades Civitas Resources to Buy, Announces $86 Price Target
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar has upgraded Civitas Resources (NYSE:CIVI) from Neutral to Buy and set a price target of $86.

January 03, 2024 | 1:25 pm
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Civitas Resources was upgraded by Mizuho analyst Nitin Kumar from Neutral to Buy with a new price target of $86.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they suggest improved fundamentals or potential undervaluation. The new price target of $86 implies a significant upside from the current trading level, which can attract investors.
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IMPORTANCE 90
RELEVANCE 100