Piper Sandler Maintains Neutral on Comstock Resources, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear has maintained a Neutral rating on Comstock Resources (NYSE:CRK) but has lowered the price target from $13 to $9.
January 24, 2024 | 1:45 pm
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NEGATIVE IMPACT
Piper Sandler has maintained a Neutral rating on Comstock Resources, but reduced the price target from $13 to $9, indicating a potential downside compared to the previous target.
The reduction in price target by Piper Sandler suggests a lower expected performance for Comstock Resources, which could lead to a negative short term sentiment among investors and potentially a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100