Raymond James Maintains Strong Buy on Crescent Energy, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst John Freeman has maintained a Strong Buy rating on Crescent Energy (NYSE:CRGY) but has lowered the price target from $16 to $15.

January 24, 2024 | 8:00 pm
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Crescent Energy's Strong Buy rating is maintained by Raymond James, but the price target is reduced from $16 to $15.
While the Strong Buy rating indicates continued confidence in Crescent Energy's prospects, the reduction in price target may reflect a slightly more conservative valuation or adjustment to market conditions. This could have a neutral short-term impact as the positive sentiment from the Strong Buy rating is counterbalanced by the lower price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100