Alliance Global Partners Initiates Coverage On Amplify Energy with Buy Rating, Announces Price Target of $9
Portfolio Pulse from Benzinga Newsdesk
Alliance Global Partners analyst Jeff Grampp has initiated coverage on Amplify Energy (NYSE:AMPY) with a Buy rating and set a price target of $9.
January 22, 2024 | 7:43 pm
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POSITIVE IMPACT
Amplify Energy receives a Buy rating from Alliance Global Partners with a price target of $9, indicating a positive outlook for the stock.
Analyst coverage, especially with a Buy rating, tends to generate positive sentiment among investors and can lead to an increase in stock price in the short term. The price target of $9 suggests a significant upside potential from current levels, which may attract investors.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100